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What is Selective Disclosure? A Comprehensive Legal Overview
Definition & Meaning
Selective disclosure refers to the practice of sharing part of a privileged communication while withholding other parts that may be detrimental. This often occurs when the disclosed information is perceived as beneficial to the person sharing it. When selective disclosure happens, it can lead to a limited waiver of the privilege, meaning that all communications related to the same topic may no longer be protected.
Table of content
Legal Use & context
This term is commonly used in various areas of law, including corporate law, securities law, and communications law. Selective disclosure can arise in contexts such as:
Corporate communications with shareholders.
Legal proceedings where privileged information is disclosed in part.
Negotiations where one party may reveal certain details to gain an advantage.
Users can manage some aspects of selective disclosure through legal forms and templates available on platforms like US Legal Forms, which provide guidance on handling privileged communications.
Key legal elements
Real-world examples
Here are a couple of examples of abatement:
Example 1: A company discloses positive financial projections to investors while withholding negative aspects of its financial health. This selective disclosure can lead to legal challenges if investors feel misled.
Example 2: During a negotiation, one party shares favorable terms of a contract but omits unfavorable clauses that could impact the other party's decision. (hypothetical example)
State-by-state differences
Examples of state differences (not exhaustive):
State
Selective Disclosure Treatment
California
Strong protections for privileged communications, but selective disclosure may lead to broader waiver.
New York
Selective disclosure can impact attorney-client privilege, especially in litigation.
Texas
Similar to New York, with specific rules on waiver of privilege in corporate settings.
This is not a complete list. State laws vary, and users should consult local rules for specific guidance.
Comparison with related terms
Term
Definition
Difference
Full Disclosure
Sharing all relevant information without withholding.