Legal Opinion
Nelson v. United Credit Plan, Inc.
District Court, E.D. Louisiana
Decided January 5, 1978No. Civ. A. No. 75-3677PublishedCited by 14 opinions
1Opinion of the Court
HEEBE, Chief Judge:
This Truth-in-Lending suit presents, inter alia, the novel question of whether the rescission remedy under 15 U.S.C. § 1635 may be pursued via a class action brought on behalf of all borrowers from a given lender *56who received the same disclosure statement from that lender.
History of This Case
This suit was brought on December 1, 1975, by named plaintiffs, Philicie Noel Nelson and Edwina Butler, individually and as representatives of the class of persons similarly situated, against United Credit Plan of Chalmette, Inc., seeking rescission of a loan transaction entered into on…
2Cases cited11 opinions
- Eisen v. Carlisle & JacquelinSupreme Court of the United States · 1974
- Mr. And Mrs. Fred Ray Boggs, and on Behalf of All Other Persons Similarly Situated v. Alto Trailer Sales, Inc.Court of Appeals for the Fifth Circuit · 1975
- Melvin Stevens v. Rock Springs National Bank, a Bank Corporation Chartered Under the United States Banking StatutesCourt of Appeals for the Tenth Circuit · 1974
- City of Inglewood v. City of Los AngelesCourt of Appeals for the Ninth Circuit · 1971
- Nguyen Da Yen v. KissingerDistrict Court, N.D. California · 1976
6 more not listed; retrieve them via the Exa API.
3Cited by14 opinions
- Elliott v. ITT Corp.District Court, N.D. Illinois · 1992
- Mayo v. Sears, Roebuck & Co.District Court, S.D. Ohio · 1993
- Brame v. Ray Bills Finance Corp.District Court, N.D. New York · 1979
- Williams v. Empire Funding Corp.District Court, E.D. Pennsylvania · 1998
- Jefferson v. Security Pacific Financial Services, Inc.District Court, N.D. Illinois · 1995
9 more not listed; retrieve them via the Exa API.