A 94-year-old New York City apartment tenant has asked the U.S. Supreme Court to throw out a lower court ruling that the Resolution Trust Corp. has the power to override New York's rent control and stabilization laws.

On March 2, the U.S. Court of Appeals for the Second Circuit ruled that the Banking agency can preempt a contract or a lease under the 1989 Financial Institutions Reform, Recovery and Enforcement Act.

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