FDIC Can't Score JPMorgan Docs In $10B Deutsche Bank Suit

Law360, New York (October 24, 2012, 8:25 PM EDT) -- The Federal Insurance Deposit Corp. lost a bid in District of Columbia federal court Wednesday to compel JPMorgan Chase Bank to produce privileged documents in Deutsche Bank National Trust Co.'s $10 billion suit alleging Washington Mutual Bank NA issued shoddy mortgages before it was seized by regulators.

U.S. District Judge Rosemary M. Collyer said Wednesday that she had determined the documents were subject to attorney-client privilege, rejecting the FDIC's June sealed motion seeking the documents in the suit, which was filed in 2009 when Deutsche Bank,...
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