California Lawmakers May Allow Consumers to Sue Banks Instead of Arbitration By Lisa Lambert | June 1, 2017 Email This Subscribe to Newsletter Email to a friend Facebook Tweet LinkedIn Print Article Article 2 Comments June 1, 2017 at 11:17 am Observor says: Like or Dislike: 1 0A big victory for trial lawyers. They have heavy influence over the California legislators. Reply June 1, 2017 at 4:40 pm Sceptic says: Like or Dislike: 0 0Isn’t there a federal law that federal bank laws and regulations preempt virtually all state laws that are in conflict with what the federal laws permit or require that national banks can do? Will this law also be preempted? Reply Add a Comment Cancel reply Your email address will not be published. Required fields are marked * Name * Email * Comment ΔNotify me of comments via e-mail
A big victory for trial lawyers. They have heavy influence over the California legislators.
Isn’t there a federal law that federal bank laws and regulations preempt virtually all state laws that are in conflict with what the federal laws permit or require that national banks can do? Will this law also be preempted?