Quantcast
Home / Opinion Digests / Banks And Banking / Banks & Banking – Contract – Tort/Negligence – Overdraft Fees – Federal Preemption – ‘Available’ or ‘Actual’ Balance (access required)

Banks & Banking – Contract – Tort/Negligence – Overdraft Fees – Federal Preemption – ‘Available’ or ‘Actual’ Balance (access required)

In re TD Bank, N.A. Debit Card Overdraft Fee Litigation (Lawyers Weekly No. 002-006-16, 86 pp.) (Bruce Howe Hendricks, J.) 6:15-mn-02613; D.S.C. Holding: Since federal regulations and the discretion afforded to banks under the National Bank Act permit banks to post debits in order from the highest amount to the lowest amount, plaintiffs’ state-law claims based ...

Leave a Reply

Your email address will not be published. Required fields are marked *

*