Merchants Bank v. Vescio (In Re Vescio)

MEMORANDUM OF DECISION DENYING PRIVILEGE ASSERTED BY FEDERAL RESERVE BANK

FRANCIS G. CONRAD, Bankruptcy Judge.

Our December 9, 1996 Order on Counter-Claimant Vescios’ Motion to Compel 1 required Bank to disclose four categories of documents, including investigative materials and bank examination reports generated by FDIC and Fed. More particularly, we required:

1) full disclosure by The Merchants Bank of all documentation, no matter by whom generated, relating to investigation of The Merchants Bank and/or Merchant Bancshares, Inc. by the FDIC, the Federal Reserve, and other related bank…