Try our Advanced Search for more refined results
- Law360
- Law360 UK
- Law360 Pulse
- Law360 Employment Authority
- Law360 Tax Authority
- Law360 Insurance Authority
- Law360 Real Estate Authority
- Law360 Healthcare Authority
- Law360 Bankruptcy Authority
- Products
- Lexis®
- Law360 In-Depth
- Law360 Podcasts
- Rankings
- Leaderboard Analytics
- Regional Powerhouses
- Law360's MVPs
- Women in Law Report
- Law360 400
- Diversity Snapshot
- Practice Groups of the Year
- Rising Stars
- Titans of the Plaintiffs Bar
- Sections
- Adv. Search & Platform Tools
- About all sections
- Browse all sections
- Banking
- Bankruptcy
- Class Action
- Competition
- Employment
- Energy
- Expert Analysis
- Insurance
- Intellectual Property
- Product Liability
- Securities
- Beta Tools
- Track docs
- Track attorneys
- Track judges
Banco San Juan Internacional, Inc. v. The Federal Reserve Bank of New York et al
Case Number:
1:23-cv-06414
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
-
May 02, 2025
With Lowell's New Firm, San Juan Bank Appeals NY Fed Loss
Abbe Lowell — the high-profile litigator who on Friday announced he will launch a boutique firm aiming to aid with "politicized investigations" after exiting the partnership of Winston & Strawn LLP — will help handle a Puerto Rico bank's appeal of an order affirming the closure of its Federal Reserve master account by federal regulators.
-
January 08, 2025
NY Fed Beats Puerto Rico Bank's Suit Over Master Account
A New York federal judge on Wednesday tossed without prejudice a Puerto Rico bank's suit that sought to block the closure of its Federal Reserve master account, finding the New York Fed's interpretation of the Federal Reserve Act was correct and that the bank does not have a statutory right to a master account.
-
October 30, 2023
NY Judge Says Fed Master Accounts Are Privilege, Not A Right
A Manhattan federal judge has ruled banks don't have a statutory right to so-called Federal Reserve master accounts, rejecting a Puerto Rico bank's last-ditch effort to stave off the closure of its master account at the Fed's New York arm and teeing off an immediate appeal.
-
July 27, 2023
Puerto Rico Bank Seeks To Halt Closure Of Master Account
A Puerto Rico bank has filed suit in New York federal court to block the closure of its Federal Reserve master account, saying the closure would be a "death knell" for its business if allowed to proceed.