Bank of America has retained Paul Weiss to help with litigation related to the bank's merger with Merrill Lynch. And the firm apparently got right down to work: On Monday, according to The New York Times, Paul Weiss lawyers, along with Cleary counterparts, advised the bank's board to change strategy and vote to waive privilege in the SEC's disclosure case against BofA, which is headed for a trial next year, after a New York federal judge rejected a $33 million settlement between BofA and the government.
Paul Weiss Reportedly Advises BofA Board to Waive Privilege in Merrill-Related Litigation
The American Lawyer
October 13, 2009