Appeals Court Expands Protection Of NY Reporter Shield Law

Law360, New York (July 13, 2017, 8:42 PM EDT) -- Reorg Research Inc. doesn’t have to reveal the confidential sources behind its reporting on Murray Energy Corp.’s efforts to stave off bankruptcy, a New York state appeals court held Thursday, overturning a lower court’s ruling that the subscription-based service wasn’t covered by the state’s shield law.

Reorg provides breaking news and analysis about the distressed-debt markets. That information is only available to its 375 or so paid subscribers, mostly businesses that invest in those markets. Supreme Court Judge Carol R. Edmead ruled in February that Reorg...
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