Customizing a Modern Records Retention Program
Mondaq Business Briefing › United States Law Articles in English (2004)
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Customizing a Modern Records Retention Program
The proliferation of business information, especially in electronic formats, is notorious for creating huge challenges for organizations of all sizes. Researchers estimate that worldwide in 2002, we sent a staggering 31 billion e-mail messages per day,1 many of which continue to clutter our expensive storage devices. Courts are holding companies and their executives to high standards for retrieval of records of all types, and are imposing severe penalties for spoliation and unexcused failures or delays in production; the consequences include fines as high as $25 million, default judgments, civil contempt and criminal liability (see, e.g.,...
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This document cites
- Code of Federal Regulations - Title 29: Labor - 29 CFR 1910.1020 - Access to employee exposure and medical records.
- U.S. Court of Appeals for the Eighth Circuit - Evelyn and Jack Lewy, Appellees, v. Remington Arms Co., Inc., Appellant., 836 F.2d 1104 (8th Cir. 1988)
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