United States Fourth Circuit

Summary judgment in favor of plaintiffs and entry of permanent injunction against defendant commissioner from enforcing state laws against plaintiffs' operating subsidiaries are affirmed as the National Banking Act and regulations of the Office of the Comptroller of the Currency preempt state laws requiring defendant to exercise certain powers over operating subsidiaries of a national bank.

Appellate Information

• Argued 05/25/2006
• Decided 08/10/2006
• Published 08/10/2006

Judges

• Before WIDENER and DUNCAN, Circuit Judges, and JOSEPH R. GOODWIN, United States District Judge for the Southern District of West Virginia, sitting by designation.

Court

• United States Fourth Circuit

Counsel

• For Appellees:
  
• ARGUED:  Jonathan R. Krasnoff, Assistant Attorney General, Office of the Attorney General of Maryland, Baltimore, Maryland, for Appellant.  Robert Allen Long, Jr., Covington & Burling, Washington, D.C., for Appellees.  Douglas Bradford Jordan, Office of the Comptroller of the Currency, Washington, D.C., for Amicus Supporting Appellees.   ON BRIEF:  J. Joseph Curran, Jr., Attorney General of Maryland, Steven M. Sullivan, Solicitor General, Thomas L. Gounaris, Assistant Attorney General, Office of the Attorney General of Maryland, Baltimore, Maryland, for Appellant.  Stuart C. Stock, Keith A. Noreika, Benjamin C. Block, Covington & Burling, Washington, D.C., for Appellees.  Roy Cooper, Attorney General of North Carolina, Philip A. Lehman, Assistant Attorney General, Consumer Protection Division, North Carolina Department of Justice, Raleigh, North Carolina;  Thomas J. Miller, Attorney General of Iowa, William L. Brauch, Special Assistant Attorney General, Consumer Protection Division, Iowa Attorney General's Office, Des Moines, Iowa, for Amici Supporting Appellant.  Julie L. Williams, Daniel P. Stipano, Horace G. Sneed, Office of the Comptroller of the Currency, Washington, D.C., for Amicus Supporting Appellees.