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Bank of America Opposes Pay To Barclays Katz As Fact Witness So Letter Due Nov 25 in SDNY

By Matthew Russell Lee, Patreon
BBC - Guardian UK - Honduras - ESPN

SDNY COURTHOUSE, Nov 23 – Bank of America and others are opposing investors hiring and paying, up to $400 an hour, former Barclays and BNP trader Jason Katz as a fact witness. 

On November 23 U.S. District Court for the Southern District of New York Judge Lorna G. Schofield held a proceeding. Inner City Press covered it, live tweeting:

The opponents says he should get $50 a hour, to pay for "child care."

 In the air: $400 an hour...

Judge Schofield has "reserved judgment" pending getting a letter by Wednesday about a cap; question was raised whether it would cover consulting in UK case as well. Judge Schofield: Is that divisible?   

Wednesday is when defendants must file any responsive letter to Plaintiff's request to seal, and a list of who should have access to sealed document. Private or public litigation?

The case is Allianz Global Investors GmbH et al v. Bank Of America Corporation et al., 18-cv-10364 (Schofield)

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