A New York judge has rejected a bank's request for $9,112 in costs for producing subpoenaed documents, calling the claim an example of the excess and greed among "fat cat bankers on Wall Street." JPMorgan Chase, a non-party in an action to confirm an arbitration award, sought 25 cents per page and $25 per hour for producing 18,248 pages of subpoenaed documents demanded by the petitioner. In a blistering decision, Brooklyn Supreme Court Justice Arthur Schack granted JPMorgan Chase only $1,250.27.
Judge Slashes 'Fat Cat' Bank's Bill for Subpoenaed Documents
New York Law Journal
December 28, 2009