Hunton & Williams Sues FDIC For Colonial Bank Docs

Law360, New York (July 24, 2013, 1:34 PM EDT) -- Bank of America NA's attorneys at Hunton & Williams LLP on Tuesday demanded documents from the Federal Deposit Insurance Corp. about how it decided that Bank of America's billion-dollar claims against defunct Colonial Bank had "no value."

The law firm asked that the regulator turn over the documents it used in making its April 15 determination that there weren't enough funds left in Montgomery, Ala.-based Colonial Bank — seized by the FDIC in 2010 — to pay out Bank of America's claims in a $1.75 billion...
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