Defending Parallel Proceedings: Key Considerations and Best Practices | Practical Law
A Practice Note examining the key issues surrounding parallel proceedings, which are simultaneous investigations, litigations, or enforcement actions arising out of a common set of facts. This Note explains the steps a company should take to prepare for potential parallel proceedings, action items once the investigatory or discovery phase begins, procedural considerations, how to communicate with company employees about parallel proceedings, the pros and cons of cooperation, and settlement and other resolution options.