Joseph E. Gerasta, Josefina E. Gerasta, Wife of Joseph E. Gerasta v. Hibernia National Bank v. U. S. Building Materials Co., Inc.
Court of Appeals for the Fifth Circuit
1Opinion of the Court
JAMES C. HILL, Circuit Judge:
The case on appeal raises the question of the appropriate remedy for a creditor’s failure to comply with 15 U.S.C. § 1635,1 the rescission provision of the Truth in Lending Act. The district court held that the defendant-creditor in the case on appeal forfeited its right to recover the property it had delivered to the obligor because the creditor did not perform those duties prescribed in § 1635(b). We reverse this holding.
The plaintiffs-appellees, Joseph E. Geras-ta and Josefina E. Gerasta, received a home improvement loan from the defendant-appellant, Hibernia…
2Cases cited17 opinions
- Johnson v. Georgia Highway Express, Inc.Court of Appeals for the Fifth Circuit · 1974
- Mourning v. Family Publications Service, Inc.Supreme Court of the United States · 1973
- United States v. Allegheny-Ludlum Industries, Inc.Court of Appeals for the Fifth Circuit · 1975
- Gore v. TurnerCourt of Appeals for the Fifth Circuit · 1977
- Eugene Roosevelt Powers and Lila Virginia Powers v. Sims and LevinCourt of Appeals for the Fourth Circuit · 1976
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- James A. Rudisell v. The Fifth Third BankCourt of Appeals for the Third Circuit · 1980
- In Re Patricia G. Smith, Debtor. Patricia G. Smith v. American Financial Systems, Inc.Court of Appeals for the Eleventh Circuit · 1984
- Glen Kermit Till and Bettie F. Till v. Unifirst Federal Savings and Loan Association and Wortman & Mann, Inc.Court of Appeals for the First Circuit · 1981
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