October 13, 2009
New York AG Posts Letter regarding Waiver of BofA Attorney-Client PrivilegeThe New York Attorney General has posted on its website the Oct. 12 letter from Cleary Gottlieb, written on behalf of Bank of America, in which the Bank agrees to waive the attorney-client privilege or the attorney work product doctrine with respect to certain subjects connected to the Bank of America-Merrill Lynch merger. It will also produce privileged information to federal regulators and to Congress. It expects to be able to effect the waiver by October 16.
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