Legal Opinion

Fasano v. Federal Reserve Bank

Court of Appeals for the Third Circuit

Decided August 3, 2006No. 05-4661PublishedCited by 54 opinions

1Opinion of the Court

OPINION OF THE COURT

VAN ANTWERPEN, Circuit Judge.

Appellant Federal Reserve Bank of New York brings this interlocutory appeal of the District Court’s refusal to find appellee Maureen Fasano’s employment claims, based on New Jersey state law, preempted by the Federal Reserve Act, 12 U.S.C. § 341 (Fifth). For the reasons set forth below, we will reverse and remand with instructions to dismiss Fasano’s Complaint.

I

A. Federal Reserve Banks

Because the nature of Federal Reserve Banks is at issue in this case, we begin by briefly describing their history and function. The Federal Reserve Bank of New…

2Cases cited48 opinions

  1. M'culloch v. State of MarylandSupreme Court of the United States · 1819
  2. Shaw v. Delta Air Lines, Inc.Supreme Court of the United States · 1983
  3. Allis-Chalmers Corp. v. LueckSupreme Court of the United States · 1985
  4. English v. General Electric Co.Supreme Court of the United States · 1990
  5. Posadas v. National City BankSupreme Court of the United States · 1936

43 more not listed; retrieve them via the Exa API.

3Cited by54 opinions

  1. Umland v. PLANCO Financial Services, Inc.Court of Appeals for the Third Circuit · 2008
  2. McGovern v. City of PhiladelphiaCourt of Appeals for the Third Circuit · 2009
  3. Román-Oliveras v. Puerto Rico Electric Power AuthorityCourt of Appeals for the First Circuit · 2011
  4. McKinley v. Board of Governors of the Federal Reserve SystemCourt of Appeals for the D.C. Circuit · 2011
  5. Goonan v. Federal Reserve BankDistrict Court, S.D. New York · 2013

49 more not listed; retrieve them via the Exa API.

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