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9 Oct 2008, 5:03 am
"Citigroup maintains that Wachovia's deal with Wells Fargo violates a preexisting agreement preventing Wachovia from discussing a sale or merger with anyone but Citigroup until October 6. [read post]
8 Oct 2008, 8:23 pm
Citigroup, Wells Fargo and Wachovia have extended their cease-fire through Friday morning. [read post]
8 Oct 2008, 4:19 pm
The parties to the North Carolina lawsuit in which Wachovia's former CEO, Bud Baker, obtained a Temporary Restraining Order against Citigroup's efforts to acquire the banking operations of Wachovia have agreed to a Consent Scheduling Order. [read post]
8 Oct 2008, 12:35 pm
Citigroup is looking for potential partners in its bid for Wachovia, seeking to wrest the upper hand from Wachovia’s other suitor Wells Fargo , The Wall Street Journal said, citing people familiar with the matter. [read post]
8 Oct 2008, 10:32 am
., Wachovia Corp. and Wells Fargo & Co. [read post]
8 Oct 2008, 12:31 am
Wells Fargo in re Wachovia: Can You Simultaneously Sue in Federal and State Court? [read post]
7 Oct 2008, 4:29 pm
As Wells Fargo and Citigroup haggle over who will get to acquire Wachovia, many news reports are pointing out that Wells Fargo’s $15 billion offer for Wachovia doesn’t require government assistance. [read post]
7 Oct 2008, 12:16 pm
Citigroup, Wells Fargo and Wachovia are extending their cease-fire until Friday morning, suspending the litigation battle for the second time this week over who gets to buy Wachovia, the banks announced Wednesday. [read post]
7 Oct 2008, 11:16 am
More on Wells Fargo's Exclusivity Agreement Yesterday, John Jenkins blogged on the battle between Citigroup and Wells Fargo for Wachovia. [read post]
7 Oct 2008, 9:06 am
Citigroup sued Wachovia and Wells Fargo in state court to enjoin them and order specific performance of the agreement, while Wachovia filed in federal court for a declaratory judgment affirming the enforceability of the Wells Fargo deal. [read post]
7 Oct 2008, 5:42 am
We've had good stuff on the state of play here, and Glom veteran Elizabeth Nowicki is blogging up a storm here and, more generally, here. [read post]
7 Oct 2008, 12:51 am
Todd Smith in his Texas Appellate Law Blog Bank of America taken to Woodshed over Mortgages - Orange County lawyer Aaron Morris on his Business Law Report Marketing a Law Firm is About Forging Connections - Small business coach Stephen Fairley of The Rainmaker Institute in The Rainmaker Blog The Battle Between Citigroup And Wells Fargo For Wachovia Comes To North Carolina - Greensboro attorney Mack Sperling of Brooks Pierce at his blog, the North Carolina Business… [read post]
6 Oct 2008, 11:23 pm
Two hours later, Wachovia's Board of Directors met and reviewed the Wells Fargo Agreement. [read post]
6 Oct 2008, 10:00 pm
[Connecticut Employment Law Blog] * The latest from the Citi/Wachovia/Wells Fargo cock fight is that they have agreed to a standstill on all litigation until noon on Wednesday. [read post]
6 Oct 2008, 8:59 pm
From Jonathan Glater, a DealBook colleague: After a wild weekend of attempted legal one-upmanship, the skirmishing between Citigroup on the one hand and Wells Fargo and Wachovia on the other appears to be on hold for now. [read post]
6 Oct 2008, 6:00 pm
Some experts say that banks such as Wells Fargo & Co. avoided the worst of the mortgage mess, even though their compensation plans were similar to those at banks that suffered big losses. [read post]
6 Oct 2008, 4:51 pm
Citigroup finally filed its complaint against Wachovia, Wells Fargo and a slew of other individuals in New York state court on Monday. [read post]
6 Oct 2008, 4:05 pm
The fight between Citigroup and Wells Fargo for the remains of Wachovia moved into North Carolina's courts this weekend. [read post]
6 Oct 2008, 2:35 pm
" [New York Times] ... * UPDATE: Wells Fargo and Citibank may divvy up Wachovia. [read post]
6 Oct 2008, 2:16 pm
Wells Fargo has the income available to do this; Citigroup does not. [read post]
