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    05.09.13 Professor David Reiss on the Success of FIRREA
    David Reiss

    Professor David Reiss spoke to Law360 about recent civil cases that demonstrate the broad interpretation of the Financial Institutions Reform Recovery Enforcement Act (FIRREA). Following successful suits against Bank of America and Bank of New York Mellon Corp, Professor Reiss notes, “There seems to be a greater interest now in pursuing financial wrong doing. With FIRREA, it’s a whole new game.” He adds, “If FIRREA continues to be interpreted broadly, it ensure the government will still have a tool to bring claims.”

    Read the full article.