Legal Opinion

Ralls v. Bank of New York (In Re Ralls)

United States Bankruptcy Court, E.D. Pennsylvania

Decided February 24, 1999No. 19-10801PublishedCited by 29 opinions

1Opinion of the Court

OPINION

DAVID A. SCHOLL, Chief Judge.

A. INTRODUCTION

Presently before us is the disposition of an adversary proceeding (“the Proceeding”) instituted by FLORENCE RALLS (“the Debtor”) against THE BANK OF NEW YORK (“BONY”) as Trustee of and doing-business of THE MONEY STORE FINANCIAL CO., INC. (“the Defendant”) 1 to re scind a consumer loan transaction pursuant to the federal Truth in Lending Act 15 U.S.C. § 1601, et seq. (“the TILA”) and obtain a broad range of remedies as a result.

We hold that the Defendant did in fact commit material violations of the TILA justifying rescission in connection…

2Cases cited54 opinions

  1. Griggs v. Provident Consumer Discount Co.Supreme Court of the United States · 1982
  2. Beach v. Ocwen Federal BankSupreme Court of the United States · 1998
  3. Mary S. Smith v. Don Chapman, D/B/A Don Chapman Motor SalesCourt of Appeals for the Fifth Circuit · 1980
  4. Ratner v. Chemical Bank New York Trust CompanyDistrict Court, S.D. New York · 1971
  5. Mildred Ives v. W. T. Grant CompanyCourt of Appeals for the Second Circuit · 1975

49 more not listed; retrieve them via the Exa API.

3Cited by29 opinions

  1. Lozada v. Dale Baker Oldsmobile, Inc.District Court, W.D. Michigan · 2000
  2. Murray v. First National Bank of Chicago (In Re Murray)United States Bankruptcy Court, E.D. Pennsylvania · 1999
  3. Williams v. Gelt Financial Corp.District Court, E.D. Pennsylvania · 1999
  4. Rubio v. Capital One Bank (USA), N.A.District Court, C.D. California · 2008
  5. Armstrong v. Nationwide Mortgage Plan/Trust (In Re Armstrong)United States Bankruptcy Court, E.D. Pennsylvania · 2003

24 more not listed; retrieve them via the Exa API.

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