IN RE RESIDENTIAL CAPITAL, LLC

No. 12-12020 (MG).

480 B.R. 529 (2012)

In re RESIDENTIAL CAPITAL, LLC, et al., Debtors.

United States Bankruptcy Court, S.D. New York.

October 12, 2012.


Attorney(s) appearing for the Case

Kasowitz Benson Torres & Friedman LLP, By: Andrew K. Glenn, Esq. , Matthew B. Stein, Esq. , Daniel A. Fliman, Esq. , New York, NY, for the Federal Housing Finance Agency.

Cravath, Swaine & Moore LLP, By: Richard W. Clary, Esq. , Michael T. Reynolds, Esq. , New York, NY, for Credit Suisse Securities (USA) LLC.

Skadden, Arps, Slate Meagher & Flom LLP, By: Jay B. Kasner, Esq. , Scott Musoff, Esq. , Robert A. Fumerton, Esq. , New York, NY, for UBS Securities LLC.

Morrison & Foerster LLP, By: Gary S. Lee, Esq. , Joel C. Haims, Esq. , New York, NY, for the Debtors.

Sullivan & Cromwell LLP, By: Penny Shane, Esq. , Sharon L. Nelles, Esq. , Jonathan M. Sedlak, Esq. , New York, NY, for J.P. Morgan Securities LLC.

Sullivan & Cromwell LLP, By: Richard H. Klapper, Esq. , Theodore Edelman, Esq. , Michael T. Tomaino, Jr., Esq. , New York, NY, for Goldman, Sachs & Co.

Paul, Weiss, Rifkind, Wharton & Garrison LLP, By: Brad S. Karp, Esq. , Bruce Birenboim, Esq. , Susanna M. Buergel, Esq. , New York, NY, for Citigroup Global Markets, Inc.

Simpson Thacher & Bartlett LLP, By: Thomas C. Rice, Esq. , David J. Woll, Esq. , Alan Turner, Esq. , New York, NY, for RBS Securities, Inc.

Sullivan & Cromwell LLP, By: David H. Braff, Esq. , Brian T. Frawley, Esq. , Jeffrey T. Scott, Esq. , Joshua Fritsch, Esq. New York, NY, for Barclays Capital, Inc.


MEMORANDUM OPINION AND ORDER DENYING THE MOTIONS OF THE FEDERAL HOUSING FINANCE AGENCY AND UNDERWRITER DEFENDANTS TO COMPEL DOCUMENT DISCOVERY FROM THE DEBTORS

MARTIN GLENN, Bankruptcy Judge.

"For more than three centuries it has now been recognized as a fundamental maxim that the public ... has a right to every man's evidence." Jaffee v. Redmond, 518 U.S. 1, 9, 116 S.Ct. 1923, 135 L.Ed.2d 337 (1996) (internal...

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