Foreign language translations play an important role in cross-border securities and debt litigation. When foreign investors are involved in a class action against a U.S. company, Rule 23(b)(3) comes into play.
As securities-fraud lawsuits go global, the need for professional foreign language live, print, and written translation services is on the rise. Late last year the United States District Court for the District of New Jersey entered a ruling that essentially excludes all non-U.S. purchasers of Shell securities from becoming a party in a class action lawsuit for security fraud filed in the United States.
The management of electronically stored information (ESI) created and/ or stored on a company’s computers presents challenges, when such data is in a foreign language. And I am not talking about the challenges related to foreign language translation of the electronically stored information during discovery, also known as foreign language e-Discovery.
Rather, I’m talking about the decision to either preserve or erase multilingual ESI on a work-owned computer, which can have significant legal consequences for both the employer and the employee, if the need to produce foreign language evidence later were to come up in litigation.
With the highly publicized Royal Dutch Shell class action suit, the field of global class actions is once again being redefined. And with this and similar suits, multilingual foreign language live, print, and written translation becomes an essential issue to successfully litigating and negotiating these actions.
With the increasing reliance on e-Discovery, practicing attorneys are finding themselves involved in ever-growing amounts of multilingual discovery documents. As more and more contracts and business partnerships involve cross-border arrangements, much of this discovery is foreign language discovery. Trying to manage and organize this foreign language discovery can be a daunting task. However, by keeping a few simple pointers in mind, large-scale foreign language discovery can go from being a big mess to a beneficial and well organized negotiating and litigation tool.
January 31, 2008 Foreign Language Certified Document Translations Essential for Class Certification under Rule 23(c)(2) Foreign language translations play an important role in cross-border securities and debt litigation. When foreign...
January 30, 2008 Cross-Border Litigation Increases the Need for Professional Foreign Language Legal Translation Services As securities-fraud lawsuits go global, the need for professional foreign language live, print, and written...
January 24, 2008 Foreign Language Translation & the Consequences of Preserving or Erasing Foreign Language Electronically Stored Information from a Work Computer The management of electronically stored information (ESI) created and/ or stored on a company’s computers...
January 16, 2008 Legal Document Translations in Light of Royal Dutch Shell Global Class Action and Collective Settlement Agreements With the highly publicized Royal Dutch Shell class action suit, the field of global class...
January 5, 2008 Professional Translation Tips on Managing Large Scale Foreign Language Discovery With the increasing reliance on e-Discovery, practicing attorneys are finding themselves involved in ever-growing amounts...
