Munger Tolles Nixed From Wachovia Contract Suit

Law360, New York (May 7, 2010, 5:37 PM EDT) -- Munger Tolles & Olson LLP has been disqualified from representing Wachovia Bank NA in a breach of contract lawsuit brought by residential earthquake insurance provider the California Earthquake Authority, now that a judge has found that Munger was simultaneously representing both the CEA and the defendants.

Judge Frank C. Damrell Jr. of the U.S. District Court for the Eastern District of California signed off on a memorandum and order Wednesday granting the CEA's motion to disqualify Munger and staying the case for 45 days to allow...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.