Strine Tells Wal-Mart To Hammer Out Order For Bribery Docs

Law360, Wilmington (June 4, 2013, 7:31 PM EDT) -- Delaware Chancellor Leo E. Strine Jr. sent Wal-Mart Stores Inc. and an Indiana pension fund back to the drafting table Tuesday, saying they need to work together to implement his recent ruling requiring the retailer to turn over documents regarding alleged bribery by its Mexican affiliate.

On May 20, Chancellor Strine ruled that the Indiana Electrical Workers Pension Trust Fund IBEW must be provided with books and records that touch on how Wal-Mart's board dealt with the supposed bribery scandal, but the parties had been unable...
To view the full article, register now.