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Credit Suisse First Boston Mortgage Securities Corp. v. Federal Deposit Insurance Corp.

Petition for certiorari denied on December 4, 2017
Docket No. Op. Below Argument Opinion Vote Author Term
17-10 2d Cir. N/A N/A N/A N/A OT 2017

Issue: Whether the U.S. Court of Appeals for the 2nd Circuit erred by construing a provision of the Financial Institutions Reform, Recovery, and Enforcement Act, 12 U.S.C. § 1821(d)(14)(A), not only to extend statutes of limitation, but also to impliedly displace the three-year statute of repose in the Securities Act of 1933, 15 U.S.C. § 77m, so as to allow the Federal Deposit Insurance Corporation, standing in the shoes of a failed bank, to bring securities claims that had been extinguished by the Securities Act's statute of repose.

DateProceedings and Orders (key to color coding)
Jun 26 2017Petition for a writ of certiorari filed. (Response due July 28, 2017)
Jul 20 2017Order extending time to file response to petition to and including August 28, 2017.
Jul 28 2017Brief amicus curiae of Securities Industry and Financial Markets filed.
Aug 22 2017Order further extending time to file response to petition to and including September 27, 2017.
Sep 18 2017Order further extending time to file response to petition to and including October 27, 2017.
Oct 27 2017Brief of respondent Federal Deposit Insurance Corporation in opposition filed.
Nov 13 2017Reply of petitioners Credit Suisse First Boston Mortgage Securities Corporation, et al. filed. (Distributed)
Nov 14 2017DISTRIBUTED for Conference of 12/1/2017.
Dec 04 2017Petition DENIED.