Judge Lets Deutsche Bank Open Taylor Bean Books

Law360, New York (October 26, 2009, 8:16 PM EDT) -- A bankruptcy court judge has given Deutsche Bank AG a green light to begin probing the paper trail behind the bankruptcy of Taylor Bean & Whitaker Mortgage Corp. in response to Deutsche Bank’s fears that it may lose more money to the fallen mortgage lender than first thought.

Judge Jerry Funk of the U.S. Bankruptcy Court for the Middle District of Florida on Friday granted Deutsche Bank’s request to examine documents held by Deloitte LLP, Taylor Bean’s auditor.

The judge stopped short of granting the full...
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