Washington Partner Mark Srere and London Partner Robert Dougans authored an article March 20 in The Global Legal Post concerning the privilege implications of the recent RBS Rights Issue litigation ruling. The claimants sought disclosure of the transcripts for both an internal investigation of RBS’ subprime exposure and an investigation into their marketing of various CDOs. While the High Court found the interview notes fell under English Privilege law, Mr. Justice Hildyard rejected RBS’ claim to privilege. “The effect of this decision is that in litigation on England, privilege is highly unlikely to attach to interviews for internal investigations of the sort that are very common in the U.S.,” they wrote. To read the full article, click here.