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CA Supreme Court approves bank recovery of overdrafts and fees from accounts containing public benefit direct deposits

Pillsbury Winthrop Shaw Pittman LLP

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USA June 10 2009

Miller v. Bank of America, No. S149178, __ Cal. 4th __ (2009), issued June 1, 2009, authorizes banks to recoup overdrafts and bank fees occurring within a single account and confirms that these setoffs are not governed by Kruger v. Wells Fargo Bank, 11 Cal. 3d 352, 356 (1974).

Pillsbury Winthrop Shaw Pittman LLP - Amy L. Pierce, Greg L. Johnson and Meredith E. Nikkel
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Filed under

  • USA
  • Banking
  • Litigation
  • Pillsbury Winthrop Shaw Pittman LLP

Tagged with

  • California
  • Wells Fargo
  • Bank of America
  • Deposit account
  • Public good

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