Procter & Gamble Co. v. Bankers Trust Co.

OPINION AND ORDER UPHOLDING THE ASSERTION OF SPOUSAL PRIVILEGE BY JACK AND ROBIN LAVIN

FEIKENS, District Judge.

I. Background

In this complex derivative instruments case, Plaintiff Procter & Gamble (“P & G”) has sought extensive discovery from Defendants Bankers Trust Company and BT Securities Corporation (“BT”). A large part of this discovery has focused on what has been termed the “Bankers Trust tapes,” recordings made by BT of conversations between its traders and customers. BT’s automated process records all conversations on specific phones primarily for purposes of settling trade disputes.…