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24 Oct 2023, 6:41 am by Reid F. Herlihy
Bank of America, N.A., involving National Bank Act (NBA) preemption of New York’s law requiring that interest be paid to consumers on mortgage escrow account funds. [read post]
13 Oct 2022, 12:27 pm by Daniel Miller
Court of Appeals for the Second Circuit recently held that: (1) New York’s interest-on-escrow law is preempted by the National Bank Act of 1864 under the “ordinary legal principles of pre-emption,” Barnett Bank of Marion Cnty., N.A. v. [read post]
28 Sep 2011, 4:23 pm by Don Petersen
The consumer admitted that she accepted Chase’s offers for two “zero interest” credit cards. [read post]
12 Mar 2012, 11:40 am by Marcia Oddi
For publication opinions today (0): NFP civil opinions today (1): Wells Fargo Bank, N.A., successor in interest to The Money... [read post]
5 Mar 2007, 6:20 am
Frederick Sharer.From the opinion's headnote:HEADNOTE: LaSalle Bank, N.A. v. [read post]
27 Aug 2012, 8:45 am by Marcia Oddi
For publication opinions today (5): In Wells Fargo Bank, N.A., Successor in interest to The Money Store Investment Corp., f/d/b/a... [read post]
9 Mar 2018, 4:00 am by Kimberly A. Kralowec
Bank of America, N.A., ___ F.3d ___ (Mar. 2, 2018), a putative class action, the Ninth Circuit held that the National Bank Act did not preempt the plaintiff's UCL "unlawful" prong claim predicated on violations of Civil Code section 2954.8(a), as well as a provision of the federal Truth in Lending Act, both of which require payment of interest on escrow account funds. [read post]
9 Mar 2018, 4:00 am by Kimberly A. Kralowec
Bank of America, N.A., ___ F.3d ___ (Mar. 2, 2018), a putative class action, the Ninth Circuit held that the National Bank Act did not preempt the plaintiff's UCL "unlawful" prong claim predicated on violations of Civil Code section 2954.8(a), as well as a provision of the federal Truth in Lending Act, both of which require payment of interest on escrow account funds. [read post]
27 Mar 2020, 2:16 pm by Jacki
Schlanger Law Group LLP recently filed a federal class-action lawsuit against HSBC Bank USA, N.A., alleging that it failed to credit savings account customers with all of the interest to which they were entitled. [read post]
24 May 2012, 11:12 am by JT
Citibank, N.A. v Van Brunt Props., LLC, 2012 NY Slip Op 03974 (2d Dept. 2012) In the world of multiple assignments, it is sometimes asked whether you can assign a chose of action or an interest in something after the commencement of a lawsuit? [read post]
4 Aug 2011, 5:01 pm by Jennings Strouss & Salmon
Interested parties also can visit the FDIC’s Web site at http://www.fdic.gov/bank/individual/failed/bankmeridian.html. [read post]
11 Jan 2016, 9:09 am by James Fee
On December 23 and 24, Commerzbank AG filed four actions in the Southern District of New York against Deutsche Bank National Trust Company, HSBC Bank USA, N.A., Wells Fargo Bank, N.A., and the Bank of New York Mellon in their capacities as trustees for a number of RMBS trusts. [read post]
12 Jan 2011, 4:41 pm by Layla Kuhl
Vinton and Bank One, N.A., the Court of Appeals held  that under MCR 2.405, the offer-of-judgment rule, the public interest in having sophisticated companies settle complicated financial transactions prevailed over the interest in having issues of first impression litigated and reversed the trial court’s denial of attorney fees. [read post]
4 Oct 2007, 12:00 pm
As we prepare for the arguments in Stoneridge, we thought it would be appropriate to raise some interesting issues in the case. [read post]