US Bank Can't Limit Evidence In Verizon Spinoff Trial

Law360, New York (October 3, 2012, 4:39 PM EDT) -- A Texas federal judge on Tuesday refused to limit Verizon Communications Inc.’s evidence and expert testimony for the trial later this month in U.S. Bank NA’s case challenging Verizon's $9.9 billion spinoff of Idearc Inc., which later filed for bankruptcy.

U.S. District Judge A. Joe Fish denied the bank’s motions to exclude evidence relating to the market value of Idearc stock or debt in November 2006. U.S. Bank claims Verizon, in an effort to get rid of its declining Yellow Pages operations, crafted a complex and...
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