Free Banking case summaries from Justia.
If you are unable to see this message, click here to view it in a web browser. | | Banking November 27, 2020 |
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Click here to remove Verdict from subsequent Justia newsletter(s). | New on Verdict Legal Analysis and Commentary | In (Trial) Courts (Especially) We Trust | VIKRAM DAVID AMAR, JASON MAZZONE | | Illinois law dean Vikram David Amar and professor Jason Mazzone describe the increasing importance of courts and lawyers in safeguarding and reinforcing the role of factual truths in our democracy. Dean Amar and Professor Mazzone point out that lawyers and judges are steeped in factual investigation and factual determination, and they call upon legal educators (like themselves) to continue instilling in students the commitment to analytical reasoning based in factual evidence, and to absolutely reject the notion that factual truth is just in the mind of the beholder. | Read More | The Rhetoric About a “Decline” in Religious Liberty Is Good News for Americans | MARCI A. HAMILTON | | Marci A. Hamilton, a professor at the University of Pennsylvania and one of the country’s leading church-state scholars, explains why the rhetoric about a “decline” in religious liberty actually signals a decline in religious triumphalism, and is a good thing. Professor Hamilton describes how religious actors wield the Religious Freedom Restoration Act (RFRA) not as a shield, but as a sword to destroy the lives of fellow Americans. | Read More |
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Banking Opinions | Federal Deposit Insurance Co. v. Constructora Japimel, Inc. | Court: US Court of Appeals for the First Circuit Docket: 19-1845 Opinion Date: November 24, 2020 Judge: Sandra Lea Lynch Areas of Law: Banking | The First Circuit reversed the order of the district court remanding this removed case to Puerto Rico's Court of First Instance, holding that the district court erred when it remanded to the local Puerto Rico court a suit asserting claims by Constructora Japimel, Inc. against Doral Bank under the circumstances of this case. Contrary to the text of 12 U.S.C. 1819(b)(2)(B), the district court remanded this case to the local Puerto Rico court Japimel's lawsuit against Doral, a failed bank, after the Federal Deposit Insurance Corporation (FDIC) had become Doral's receiver, had filed a notice of substitution in state court to become a party to the suit, and had timely removed the suit to federal court. The FDIC timely appealed the remand order. The First Circuit reversed, holding that the district court erred by ignoring section 1819(b)(2)(B)'s clear language and remanding the case to the Court of First Instance. | |
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