National Credit Union Administration Board v Barclays Capital Inc

SIFMA submitted an Amicus “Friend of the Court” Brief

Court:

U.S. Court of Appeals

(Tenth Circuit)

Amicus Issues:

Whether the “extender

provision” in the Federal Credit Union Act places an explicit limit on the

extension of the limitations period by virtue of the “notwithstanding any

provision of any contract” language, thereby rendering ineffective a tolling

agreement entered into between a financial services firm and the National

Credit Union Administration. 

Counsel of Record:

Kramer Levin Naftalis

& Frankel LLP 

Michael J. Dell

Aaron

M. Frankel

Other Amici:  

None.