The Bank Preemption Ripple Effects After Cantero, Flagstar

The Bank Preemption Ripple Effects After Cantero, Flagstar

Publication

In an expert analysis published in Law360, Partner Franca Harris Gutierrez, Senior Counsel Julie Williams and Associate Andrew Lindsay dive into what’s next for national bank preemption following SCOTUS’ decision in Cantero v. Bank of America and the US Court of Appeals for the Ninth Circuit decision in Kivett v. Flagstar Bank FSB.

Excerpt: “The Supreme Court in Cantero now directs lower courts to refer to Barnett, Franklin, Fidelity, First National Bank of San Jose and the other precedents cited in Barnett and to compare the interference caused by a given law to that of state laws in these cases — and conduct a practical assessment of the nature and degree of the interference based on the text and structure of the state law, precedent and common sense.”

Read the full article

 

Authors

Notice

We appreciate your interest in WilmerHale. While we are pleased to have you contact us, please keep in mind that merely contacting WilmerHale does not create an attorney-client relationship. Such a relationship will not arise until the Firm agrees in writing to represent you in connection with a particular matter. Importantly, unless and until this has occurred, you should not provide us with any confidential information, and we have no duty to keep confidential any information that we may receive from you. Thank you for your understanding.