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22 Jun 2010, 12:21 pm by Francis G.X. Pileggi
MGM Grand Hotels, Inc., 1986 WL 3426 at *2 (Mar. 20, 1986), the Court of Chancery explained that “where a client seeks legal advice as to the proper structuring of a corporate transaction and it is also prudent to seek professional guidance from an investment banker, it would hardly waive the lawyer-client privilege for a client to disclose facts at a meeting concerning such transaction at which both his lawyer and his investment banker were present. [read post]