Legal Opinion

In the Matter Of: Betty Lou Wood, Bankrupt. First National Bank & Trust Company in MacOn v. William M. Flatau, Trustee

Court of Appeals for the First Circuit

Decided August 22, 1980No. 79-1504PublishedCited by 30 opinions

1Opinion of the Court

GEE, Circuit Judge:

This case presents a question of first impression in this circuit: whether a bankrupt’s cause of action against a lending institution for statutory damages under section 130(a)(2) of the Truth in Lending Act (“TILA”), 15 U.S.C. § 1640(a) (1976), 1 passes to the trustee in bankruptcy pursuant to section 70a of the Bankruptcy Act, 11 U.S.C. § 110(a) (1976) 2 (repealed 1978). 3 In accord with other courts that have considered the precise issue before us, Murphy v. Household Finance Corp., 560 F.2d 206 (6th Cir. 1977), and Porter v. Household Finance Corp., 385 F.Supp. 336…

2Cases cited28 opinions

  1. Mourning v. Family Publications Service, Inc.Supreme Court of the United States · 1973
  2. Huntington v. AttrillSupreme Court of the United States · 1892
  3. Theresa Plant v. Blazer Financial Services, Inc. Of GeorgiaCourt of Appeals for the Fifth Circuit · 1979
  4. McGourkey v. Toledo & Ohio Central Railway Co.Supreme Court of the United States · 1892
  5. Schreiber v. SharplessSupreme Court of the United States · 1884

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3Cited by30 opinions

  1. Abell v. Potomac Insurance CompanyCourt of Appeals for the Fifth Circuit · 1988
  2. Perrone v. General Motors Acceptance Corp.Court of Appeals for the Fifth Circuit · 2000
  3. United States v. NEC Corp.Court of Appeals for the Eleventh Circuit · 1993
  4. Albert Malvino v. Paul DelluniversitaCourt of Appeals for the Fifth Circuit · 2016
  5. Lawrence v. Jackson MacK Sales, Inc.District Court, S.D. Mississippi · 1992

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