Search : U.S. Supreme Court : Banking Law : From 10/01/06 To 07/01/07
Number of summaries found: 4
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| Court: | U.S. Supreme Court |
| Topic: | Antitrust & Trade Regulation, Banking Law, Civil Procedure, Securities Law |
| Title: | Credit Suisse Sec. (USA) LLC v. Billing |
| Date: | 06/18/07 |
| Case Number: | 05-1157 |
| Summary: | In a suit brought by a group of investors alleging that petitioners-investment banks, acting as underwriting firms, violated antitrust laws when they formed syndicates to help execute initial public offerings (IPOs) for hundreds of technology-related companies, a court of appeals' decision reversing dismissal of the complaints is reversed as federal securities law implicitly precludes the application of the antitrust laws to the conduct alleged in the case. |
| Court: | U.S. Supreme Court |
| Topic: | Banking Law, Consumer Protection Law, Debt Collection, Insurance Law |
| Title: | Safeco Ins. Co. of Am. v. Burr |
| Date: | 06/04/07 |
| Case Number: | 06-84, 06-100 |
| Summary: | In the context of the Fair Credit Reporting Act (FCRA), which requires notice to any consumer subjected to "adverse action...based in whole or in part on any information contained in a consumer [credit] report" and imposes civil liability on one who "willfully fails" to provide such notice, willful failure covers a violation committed in reckless disregard of the notice obligation. |
| Court: | U.S. Supreme Court |
| Topic: | Administrative Law, Banking Law, Tax Law |
| Title: | EC Term of Years Trust v. US |
| Date: | 04/30/07 |
| Case Number: | 05-1541 |
| Summary: | In a refund action brought by a trust under 28 U.S.C. section 1346(a)(1), arising from allegedly wrongful levies by the IRS on a bank account in which the trust had deposited funds, dismissal of the action is affirmed where the trust: 1) missed 26 U.S.C. section 7426(a)(1)'s deadline for challenging a levy; and 2) may not bring the challenge as a tax refund claim under section 1346(a)(1). |
| Court: | U.S. Supreme Court |
| Topic: | Banking Law, Government Law, Property Law & Real Estate |
| Title: | Watters v. Wachovia Bank, N.A. |
| Date: | 04/17/07 |
| Case Number: | 05-1342 |
| Summary: | A national bank's mortgage business, whether conducted by the bank itself or through the bank's operating subsidiary, is subject to Office of the Comptroller of the Currency's (OCC) superintendence, and not to the licensing, reporting, and visitorial regimes of the several states in which the subsidiary operates. |