Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Bank of America has retained Paul, Weiss, Rifkind, Wharton & Garrison to assist the troubled bank in civil and regulatory litigation related to its 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 counterparts from Cleary, Gottlieb, Steen & Hamilton, advised the bank’s board to make a shocking change in strategy and vote to waive privilege in the Securities and Exchange Commission’s much-publicized disclosure case against Bank of America, which is now headed for a trial next year, after Manhattan federal district court Judge Jed Rakoff rejected a $33 million settlement between BofA and the government. (Here’s The Am Law Daily’s account of the stunning BofA board vote, and here’s The Wall Street Journal‘s story.)

This content has been archived. It is available exclusively through our partner LexisNexis®.

To view this content, please continue to Lexis Advance®.

Not a Lexis Advance® Subscriber? Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via Lexis Advance®. This includes content from the National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at customercare@alm.com


ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.