Firm, Professor Back BOA’s Arguments In High Court N.Y. Escrow Law Preemption Case

(January 25, 2024, 9:24 AM EST) -- WASHINGTON, D.C. — A law professor filed an amicus curiae brief in the U.S. Supreme Court on Jan. 24, joining amicus Washington Legal Foundation in supporting Bank of America N.A.’s (BOA) arguments in an appeal concerning whether the National Bank Act (NBA) preempts New York’s escrow-interest law; BOA in its brief tells the high court justices that the preemption exists as “[s]tates cannot control national-bank powers.”...

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