U.S. As Amicus Supports High Court Vacating New York Escrow Law Preemption Ruling

(December 19, 2023, 1:24 PM EST) -- WASHINGTON, D.C. — The United States filed an amicus brief in the U.S. Supreme Court arguing that a ruling by the Second Circuit U.S. Court of Appeals that New York’s escrow-interest law is preempted by the National Bank Act (NBA) should be vacated for “the correct preemption inquiry [to occur] in the first instance.”...

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