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Bank of America Loses Bid to Oust AIG Law Firm from Case

A federal judge on Tuesday rejected Bank of America Corp's request to disqualify the law firm representing insurer American International Group Inc in its $10 billion mortgage fraud lawsuit against the bank over an alleged conflict of interest by one of the firm's partners.

By Terry Baynes, Reuters | Updated on December 07, 2011

NEW YORK, (Reuters)— A federal judge on Tuesday rejected Bank of America Corp’s request to disqualify the law firm representing insurer American International Group Inc in its $10 billion mortgage fraud lawsuit against the bank over an alleged conflict of interest by one of the firm’s partners.

U.S. District Court Judge Barbara Jones ruled that the partner’s minimal involvement in the case and AIG’s established relationship with Quinn Emanuel Urquhart & Sullivan weighed against removing the law firm from the case.

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