Student Loan Marketing Ass'n v. Riley
District Court, District of Columbia
1Opinion of the Court
MEMORANDUM OPINION
SPORKIN, District Judge.
This matter comes before the Court on cross-motions for summary judgment. Plaintiff, Student Loan Marketing Association (“Sallie Mae”), challenges a provision of the Omnibus Budget Reconciliation Act of 1993 (the “Budget Act”) which imposes an annual fee on student loans which Sallie Mae acquires in the secondary market. 1 The annual fee is equal to 0.30 percent (30 basis points) of the principal amount of each loan Sallie Mae “holds.” Plaintiff seeks a declaratory judgment that the statutory provision is unconstitutional on its face as an…
2Cases cited30 opinions
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Conley v. GibsonSupreme Court of the United States · 1957
- Chevron U. S. A. Inc. v. Natural Resources Defense Council, Inc.Supreme Court of the United States · 1984
- Abbott Laboratories v. GardnerSupreme Court of the United States · 1967
- Penn Central Transportation Co. v. New York CitySupreme Court of the United States · 1978
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3Cited by12 opinions
- American Association of Cosmetology Schools v. Richard W. Riley, Secretary of EducationCourt of Appeals for the Ninth Circuit · 1999
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- BANK OF AMERICA NT & SA v. RileyDistrict Court, District of Columbia · 1996
- Adams v. DuncanDistrict Court, S.D. West Virginia · 2016
- Catanzano v. WingDistrict Court, W.D. New York · 1998
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