Supreme Court Declines Bear Stearns Records Suit

Law360, New York (January 9, 2012, 1:15 PM EST) -- The U.S. Supreme Court refused Monday to hear a former Federal Deposit Insurance Corp. official’s suit seeking to force the Board of Governors of the Federal Reserve System to release documents related to the 2008 rescue of Bear Stearns Cos. Inc.

The high court denied Vern McKinley’s October petition for certiorari asking the court to revive his suit, which the D.C. Circuit had dismissed in June.

The appeals court had ruled that the information sought by Vern McKinley, who has also worked for the Fed and...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.