First Horizon Asset Securities v. FDIC
Published on:
November 7, 2016
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