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SCOTUS Weighs Preemption Under NBA ... Again

Law360 (February 23, 2009, 12:00 AM EST) -- In January, the Supreme Court granted the New York attorney general’s petition for a writ of certiorari in Cuomo v. The Clearing House Ass’n, et al., agreeing to consider whether state officials are barred from enforcing non-preempted state laws against national banks.

The high court has jumped into the federalism fray often of late, and its determination to intercede again will be closely watched, as it is sure to affect the course of state regulatory investigations of the banking and finance sectors throughout the remainder of...
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