Banking,
9th U.S. Circuit Court of Appeals
Apr. 21, 2021
9th Circuit to rehear Oakland’s tax claim against Wells Fargo
Last summer, an appellate panel upheld most of the decision by U.S. District Judge Edward M. Chen to deny the bank’s motion to dismiss and left open the possibility the city could get injunctive and declaratory relief.
The 9th U.S. Circuit Court of Appeals on Tuesday vacated an opinion allowing the city of Oakland to pursue a lawsuit against Wells Fargo & Co. alleging that its discriminatory lending practices cost the city property tax revenue.
Instead, the 9th Circuit will hold an en banc hearing to decide the matter, according to the order by Chief Judge Sidney R. Thomas. ...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In
Enewsletter Sign-up
Related Content
Real Property
Bank of America Corp. v. City of Miami
Foreseeability is insufficient to establish proximate cause under the Fair Housing Act; 'direct relation' between injury asserted and injurious conduct alleged is required.
