St. Louis-Based Bryan Cave Looks to Other Firm's Suit to Address Its Fdic Troubles

Summary


Bryan Cave is watching closely a law firm's lawsuit against the Federal Deposit Insurance Corp. because it could help resolve the St. Louis firm's own legal problems with the agency.

Earlier this month, the FDIC sued Bryan Cave, claiming the firm improperly obtained confidential bank records, then destroyed evidence on how the records were stored and who accessed them.

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Extract


St. Louis-Based Bryan Cave Looks to Other Firm's Suit to Address Its Fdic Troubles

Bryan Cave represented directors and officers of Hillcrest Bank of Overland Park, Kan., which eventually failed. The FDIC is acting as a receiver for the bank. The a...

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