Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Does the Truth in Lending Act Cap Certain Damage Awards at $1,000?

April 26, 2017aba ACT awards cap certain damage division lending Truth

0

Posted

Does the Truth in Lending Act Cap Certain Damage Awards at $1,000?

1 Answer

0

Posted

Koons Buick Pontiac GMC, Inc. v. Nigh Docket No. 03-377 From: The Fourth Circuit Case at a Glance In this case, the Court will resolve an ambiguity in the Truth in Lending Act and determine whether it imposes a $1,000 limitation on damages for technical violations of the Act involving automobile and other consumer loans. • Previewed by Michael J. Collins, an attorney with Gibson, Dunn & Crutcher LLP in Washington, D.C.