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Unconstitutional Condition Banks

Ballard Spahr LLP

A fresh idea for the consumer financial services industry

Ballard Spahr LLP on

I have been thinking about what the banking and consumer financial services industry might do to deter state attorneys general and banking agencies from seeking to enforce statutes or promulgating regulations that run afoul...more

McDermott Will & Emery

Washington Surtax on “Big Banks” Struck Down as Unconstitutional

McDermott Will & Emery on

On May 8, Washington’s 1.2% surtax on “specified financial institutions” (banks with at least $1 billion a year in net revenue) was struck down by a King County Superior Court judge. Judge Marshall Ferguson ruled that the...more

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