Federal Circuit Grants Writ of Mandamus Preventing Deposition of Federal Reserve Chairman

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The U.S. Court of Appeals for the Federal Circuit recently reversed a trial court’s decision allowing plaintiffs in Starr International, Inc. v. United States, No. 11-00779(c), a takings lawsuit involving a class of investors who had owned AIG common stock in September of 2008, to depose Federal Reserve Chairman Ben Bernanke. Attorneys for Starr claimed that they wanted to depose Chairman Bernanke about his involvement in the federal government’s bailout of AIG during the 2008 financial crisis.

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