Deutsche Can't Hide Docs In $325M MBS Suit, Judge Says

Law360, New York (January 10, 2014, 3:49 PM EST) -- A New York state judge on Thursday denied a Deutsche Bank AG subsidiary’s request to seal a slew of documents in a $325 million mortgage-backed securities suit brought against it by insurer Assured Guaranty Municipal Corp., saying the bank had "not come close" to meeting the standard to seal.

Justice Shirley Werner Kornreich said Assured could not file under seal the exhibits supporting its opposition to MBS issuer DB Structured Products Inc.’s motion for summary judgment, saying DBSP had done little to show good cause for...
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