Alex Cantero, et al., Petitioners v. Bank of America, N.A.
Case Number:
22-529
Court:
Nature of Suit:
4190 CONTRACT-Other Contract Action
Firms
- Bond Schoeneck
- Covington & Burling
- Goodwin Procter
- Gupta Wessler
- Hagens Berman
- McGuireWoods
- O'Melveny & Myers
- Skadden Arps
- Sullivan & Cromwell
- Williams & Connolly
Companies
- Bank of America Corp.
- Conference of State Bank Supervisors
- Public Citizen Inc.
- U.S. Chamber of Commerce
- Washington Legal Foundation
Sectors & Industries:
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October 13, 2023
Justices Take Up BofA Escrow Interest Preemption Case
The U.S. Supreme Court said Friday that it will take up a case testing the limits of preemption for federally chartered banks, wading into a circuit split over whether such banks must comply with state laws mandating the payment of interest on mortgage escrow accounts.
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August 31, 2023
SG Asks Justices To Skip Bank Escrow Interest Cases
The U.S. Supreme Court should not hear two cases involving banks' unwillingness to pay interest on mortgage escrow accounts, a top government attorney advised, since lower courts failed to use the proper standard when evaluating the issue.
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