"Smoking Emails" Admissible In $1 Billion Enron-Related Chase Case

A New York judge has ruled that potentially "explosive" emails from a J.P. Morgan Chase & Co. executive are admissible against it in Chase's suit against some 11 insurance companies. The emails refer to the transactions at issue as "disguised loans," which would make them uninsurable under NY law. Read about it here in an article from law.com.