NY Court Flips Privilege Ruling In $50M Hedge Fund Pay Suit

Law360, New York (August 21, 2012, 7:15 PM EDT) -- A report detailing files held by one of two former Touradji Capital Management LP portfolio managers who filed a $50 million compensation suit against the New York City hedge fund is not privileged information, a state appeals court ruled Tuesday, reversing the trial court.

A unanimous panel in the First Department of the New York State Supreme Court Appellate Division reversed a November 2011 ruling by Manhattan commercial court Judge Richard B. Lowe III that said the entire report related to Robert A. Vollero Jr.'s computer...
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