EPISODE · Jul 1, 2024 · 5 MIN
Corner Post, Inc. v. Board of Governors of the Federal Reserve System, Docket No. 22-1008
from 9robes · host 9robes.ai
The Court held that an Administrative Procedure Act (APA) claim does not accrue for purposes of the 6-year statute of limitations in 28 U.S.C. §2401(a) until the plaintiff is injured by final agency action. This means Corner Post's challenge to a 2011 Federal Reserve Board regulation was timely, even though filed more than 6 years after the regulation was issued, because Corner Post did not exist as a company until 2018.
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Corner Post, Inc. v. Board of Governors of the Federal Reserve System, Docket No. 22-1008
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