Law360, New York (November 25, 2009) -- Deutsche Bank AG and BNP Paribas Mortgage Corp. filed separate contract suits Wednesday seeking potentially more than $1 billion in damages from Bank of America NA for losses they sustained in the market for asset-backed commercial paper.
The suits, lodged in the U.S. District Court for the Southern District of New York, say BofA failed to safeguard a total of more than $1.6 billion in collateral that...
