BofA Told To Turn Over Even More Docs To MBIA

Law360, New York (May 25, 2012, 2:23 PM EDT) -- A New York state judge ordered Bank of America Corp.'s Countrywide units Thursday to turn over more documents about its internal fraud investigations to monoline insurer MBIA Inc., rejecting Countrywide's gripe that it had already produced 12 million pages of documents.

"The court acknowledges, and is sympathetic with, Countrywide's statements regarding the volume of documents it has produced," Judge Eileen Bransten wrote.

"However, past production bears no relation to current and ongoing discovery obligations, and, while colorful, recitations of numbers of pages and volumes of documents...
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.