190 
prejudice any right of the claimant to con-
tinue any action which was filed before the 
date of the appointment of the receiver, sub-
ject to the determination of claims by the 
receiver. 
‘‘(6) PROVISION FOR JUDICIAL DETERMINATION 
OF CLAIMS.— 
‘‘(A) IN GENERAL.—The claimant may file 
suit on a claim (or continue an action com-
menced before the appointment of the receiver) in 
the district or territorial court of the United 
States for the district within which the principal 
place of business of the regulated entity is located 
or the United States District Court for the Dis-
trict of Columbia (and such court shall have ju-
risdiction to hear such claim), before the end of 
the 60-day period beginning on the earlier of— 
‘‘(i) the end of the period described in 
paragraph (5)(A)(i) with respect to any 
claim against a regulated entity for which 
the Agency is receiver; or 
‘‘(ii) the date of any notice of disallow-
ance of such claim pursuant to paragraph 
(5)(A)(i). 
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191 
‘‘(B) STATUTE OF LIMITATIONS.—A claim 
shall be deemed to be disallowed (other than any 
portion of such claim which was allowed by the 
receiver), and such disallowance shall be final, 
and the claimant shall have no further rights or 
remedies with respect to such claim, if the claim-
ant fails, before the end of the 60-day period de-
scribed under subparagraph (A), to file suit on 
such claim (or continue an action commenced be-
fore the appointment of the receiver). 
‘‘(7) REVIEW OF CLAIMS.— 
‘‘(A) OTHER REVIEW PROCEDURES.— 
‘‘(i) IN GENERAL.—The Agency shall 
establish such alternative dispute resolution 
processes as may be appropriate for the res-
olution of claims filed under paragraph 
(5)(A)(i). 
‘‘(ii) CRITERIA.—In establishing alter-
native dispute resolution processes, the 
Agency shall strive for procedures which are 
expeditious, fair, independent, and low cost. 
‘‘(iii) VOLUNTARY
BINDING
OR
NON-
BINDING
PROCEDURES.—The Agency may 
establish both binding and nonbinding proc-
esses, which may be conducted by any gov-
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192 
ernment or private party. All parties, in-
cluding the claimant and the Agency, must 
agree to the use of the process in a par-
ticular case. 
‘‘(B) CONSIDERATION OF INCENTIVES.—The 
Agency shall seek to develop incentives for claim-
ants to participate in the alternative dispute res-
olution process. 
‘‘(8) EXPEDITED DETERMINATION OF CLAIMS.— 
‘‘(A) 
ESTABLISHMENT
REQUIRED.—The 
Agency shall establish a procedure for expedited 
relief outside of the routine claims process estab-
lished under paragraph (5) for claimants who— 
‘‘(i) allege the existence of legally valid 
and enforceable or perfected security inter-
ests in assets of any regulated entity for 
which the Agency has been appointed re-
ceiver; and 
‘‘(ii) allege that irreparable injury will 
occur if the routine claims procedure is fol-
lowed. 
‘‘(B) DETERMINATION PERIOD.—Before the 
end of the 90-day period beginning on the date 
any claim is filed in accordance with the proce-
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