SIFMA has submitted an Amicus “Friend of the Court” Brief.

Court:

U.S. Supreme Court (petition for writ of cert.)

Amicus Issue:

Whether FIRREA’s FDIC extender statute, 12 US.C. § 1821(d)(14), displaces both preexisting statutes of limitations and statutes of repose when it sets the “applicable statute of limitations” for the FDIC to bring suit as a receiver.

Counsel of Record:

Kramer Levin Naftalis & Frankel LLP

Michael J. Dell
Karen S. Kennedy

Other Amici:

American Bankers Association

The Clearing House Association