1) The attorney-client privilege against compelled testimony is the most venerable privilege in the law.

2) Koch argued that records of the company's internal investigation regarding benzene rules were protected by attorney-client privilege.

3) Tuesday's letter also said Bank of America cannot hide behind attorney-client privilege without revealing the substance of its lawyers' advice.

4) The following provisions apply, in the circumstances set out, to disclosure of a communication or information covered by the attorney-client privilege or work-product protection.

5) "We're witnessing the restructuring of the legal profession, " she says, "but we still have to ensure rules like attorney-client privilege."

6) Bank of America spokesman Larry Di Rita said the bank had nothing to hide. Its decision to waive the attorney-client privilege was due to pressure in several inquiries for further insight, he added.

7) Bank of America turned over the documents to federal regulators and a House of Representatives oversight committee after waiving attorney-client privilege earlier this month.

8) Safeguarding sensitive information isn't a major concern, as foreign law firms adhere to legal standards of attorney-client privilege whoever their client.