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« Three cases of interest set for oral argument in late May and June | Main | New Ninth Circuit FTC Act opinion: FTC v. Neovi, Inc. »

Friday, May 14, 2010

Comments

Michael R. Vachon, Esq.

This opinion is particularly interesting because (1) it found that the state law banking statute (i.e., Civ. Code 1748.9) that was the predicate of the unlawful prong cause of action was not preempted by the NBA, and (2) it found that the OCC's preemption regulation was invalid, and that the OCC does not have plenary authority to determine the scope of preemption under the National Bank Act, and

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