Cantero et al. v. Bank of America, Docket No. 22–529 episode artwork

EPISODE · May 30, 2024 · 4 MIN

Cantero et al. v. Bank of America, Docket No. 22–529

from 9robes · host 9robes.ai

The Supreme Court vacated and remanded the Second Circuit's decision, ruling that the appeals court failed to properly analyze whether New York's interest-on-escrow law is preempted as applied to national banks in a manner consistent with the Dodd-Frank Act and the Barnett Bank precedent. The Court clarified that under Dodd-Frank, state laws are preempted "only if" they "prevent or significantly interfere with" national bank powers, as determined by the standard in Barnett Bank. This case and more at https://9robes.ai Music and sound effects provided by: ⁠RescopicSound⁠⁠ "Catch Me If You Can" by OCFM⁠

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Cantero et al. v. Bank of America, Docket No. 22–529

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