New UCL/CLRA preemption decision: Hood v. Santa Barbara Bank & Trust

Last week, the Court of Appeal (Second Appellate District, Division Six) handed down another preemption decision. Hood v. Santa Barbara Bank & Trust, ___ Cal.App.4th ___ (Sept. 28, 2006) holds that the National Bank Act and implementing OCC regulations did not preempt the plaintiffs' UCL, CLRA and other state-law claims. One justice filed a dissenting opinion.

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New class action arbitration decision: Cohen v. DirecTV