Your binder contains too many pages, the maximum is 40.
We are unable to add this page to your binder, please try again later.
This page has been added to your binder.
WASHINGTON, DC, April 17, 2007 — The United States Supreme Court ruled today that attempts by the states to license, examine, and supervise the banking activities of national banks or their operating subsidiaries are preempted by the National Bank Act. The 5-3 ruling in Watters v. Wachovia Bank, N.A., No. 05-1342, is an important victory for national banks and their subsidiaries. Covington partner Robert A. Long argued for Wachovia in the Supreme Court; with him on the briefs were Covington lawyers Stuart C. Stock, Keith A. Noreika, and Emily Johnson Henn.