WASHINGTON -- The federal banking agencies may have to dismiss dozens -- or even hundreds -- of pending enforcement actions following the government's decision not to appeal a court ruling that sets a uniform statute of limitations on such cases.

The U.S. Solicitor General's decision not to seek review by the Supreme Court means the case, 3M Co. v. Browner, is now "the law of the land," said David W. Roderer, a partner at Winston & Strawn.

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