The Second Circuit Court of Appeals recently intervened in an ongoing legal confrontation involving Reed Smith LLP. The appellate court approved the firm’s emergency motion to halt a directive from a Manhattan federal judge that required the turnover of client files. This directive emerged from a dispute over the legitimate ownership of the international shipping company, Eletson, currently embroiled in a conflict with its competitor, Levona.
This decision from the Second Circuit introduces a temporary pause in the lower court’s order, providing Reed Smith with further time to manage its legal strategy amidst ownership questions surrounding Eletson. Legal professionals and interested parties can read more about the evolving case on Law360.