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ARTICLE · 24 APRIL 2008

2007 Financial Institutions Litigation Update

Fried Frank Harris Shriver & Jacobson
Explore more from Fried Frank Harris Shriver & Jacobson

The inaugural 2007 report focuses on the ability of federally chartered institutions and their subsidiaries to rely on federal preemption to defeat the enforcement of state laws against them.

United StatesLitigation, Mediation & Arbitration
Thomas Vartanian
Thomas Vartanian
Dominic Arni
Dominic Arni
Daniel Loeb
Daniel Loeb

Fried Frank released the first of a series of annual reports on litigation involving financial institutions by Thomas P. Vartanian, Daniel E. Loeb, and Dominic A. Arni. The inaugural 2007 report focuses on the ability of federally chartered institutions and their subsidiaries to rely on federal preemption to defeat the enforcement of state laws against them. See Vartanian, Loeb, and Arni, 2007 Financial Institutions Litigation Update: Preemption Decisions a Key to Future Subprime Litigation?, Banking Report (BNA) 567 (March 24, 2008). The report explains how courts have limited the applicability of state laws with respect to federally chartered financial institutions and their subsidiaries and limited the claims that private parties may bring against such entities under state consumer protection laws.

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