CORNER POST, INC., PETITIONER v. BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM, 144 S. Ct. 2440

Summary

HOLDINGS: [1]-An APA claim did not accrue for purposes of 28 U.S.C.S. § 2401(a)’s six-year statute of limitations until the plaintiff was injured by final agency action as nothing in the text of § 2401(a) gave any indication that it was a defendant-protective statute rather than a plaintiff-centric standard accrual rule; [2]-Because a truckstop and convenience store filed suit within six years of its injury, § 2401(a) did not bar its challenge to the Federal Reserve Board's Regulation II, which set a maximum interchange fee for debit card transactions.