Eamonn Moran, senior counsel in our Washington, DC office, joins host Patrick Dolan to discuss the underlying Colorado case that the FDIC has weighed in on. Eamonn details the Colorado law being challenged and the specifics of the “opt-out” right in the US Depository Institutions Deregulation and Monetary Control Act (DIDMCA).

Eamonn also breaks down the main arguments presented by the industry and trade groupsand explores the primary points in the FDIC’s amicus brief. He also shares thoughts regarding how the court might rule in this case.

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