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Nomura Home Equity Loan v. National Credit Union Administration Board

Docket No. Op. Below Argument Opinion Vote Author Term
13-576 10th Cir. Not Argued Jun 16, 2014 TBD TBD OT 2013

Issue: Whether 12 U.S.C. § 1787(b)(14), which sets the "statute of limitations" for "contract" and "tort" claims included in any action brought by the National Credit Union Administration Board, displaces the absolute three-year statute of repose established by Congress in Section 13 of the Securities Act of 1933, 15 U.S.C. § 77m.

Judgment: Vacated and remanded on June 16, 2014.

SCOTUSblog Coverage

DateProceedings and Orders (key to color coding)
11/08/2013Petition for a writ of certiorari filed. (Response due December 12, 2013)
12/12/2013Order extending time to file response to petition to and including January 13, 2014.
01/02/2014Order further extending time to file response to petition to and including February 12, 2014.
02/12/2014Brief of respondent National Credit Union Administration Board, as Liquidating Agent of U.S. Central Federal Credit Union and of Western Corporate Federal Credit Union in opposition filed.
02/25/2014Reply of petitioners Nomura Home Equity Loan, Inc., et al. filed.
02/26/2014DISTRIBUTED for Conference of March 21, 2014.
06/09/2014DISTRIBUTED for Conference of June 12, 2014.
06/10/2014Supplemental brief of petitioners Nomura Home Equity Loan, Inc., et al. filed. (Distributed)
06/16/2014Petition GRANTED. Judgment VACATED and case REMANDED for further consideration in light of CTS Corp. v. Waldburger, 573 U. S. ___ (2014).
07/18/2014JUDGMENT ISSUED