Bank of America did not meet a deadline to turn over documents related to its merger with Merrill Lynch to the House Committee on Oversight and Government Reform. The committee chair gave the bank until noon Monday to turn over documents related to legal discussions BofA had with outside counsel before and after it absorbed Merrill Lynch. The bank says the documents are protected by attorney-client privilege between bank executives and the law firm that handled the merger for BofA -- Wachtell, Lipton, Rosen & Katz.
BofA Misses Congressional Deadline for Merrill Merger Documents
The American Lawyer
September 22, 2009