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Commercial Division Blog

Current Developments in the Commercial Divisions of the
New York State Courts
Posted: October 26, 2013

Oral Argument Heard on Exempt Income Protection Act (EIPA)’s Procedural Requirements

On October 9, 2013, we noted that on October 15, 2013, the Court of Appeals would be hearing argument in Cruz v. TD Bank NA., Docket No. 191, an appeal addressing two questions certified from the US Court of Appeals for the Second Circuit relating to a private right of action for money damages and injunctive relief against banks that violate the Exempt Income Protection Act (EIPA)’s procedural requirements.  Both the hearing transcript and a video of oral argument are now available on the court’s website.

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