Dawe v. Merchants Mortg. and Trust Corp.
Supreme Court of Colorado
1Opinion of the Court
ERICKSON, Chief Justice.
The district court granted summary judgment in favor of Merchants Mortgage & Trust Corp. (Merchants) finding that Thomas and Ila Dawe’s (petitioners) right to rescind a land transaction under the Federal Truth In Lending Act (TILA), 15 U.S.C. § 1635(a) (1982), was barred by the three year statute of limitations contained in 15 U.S.C. § 1635(f) (1982). The Court of Appeals affirmed. Merchants Mortgage & Trust v. Dawe, 660 P.2d 1299 (Colo.App.1982). We granted certiorari and now reverse the Court of Appeals.
I
On September 30, 1973, petitioners executed a promissory note…
2Cases cited16 opinions
- Bull v. United StatesSupreme Court of the United States · 1935
- James A. Rudisell v. The Fifth Third BankCourt of Appeals for the Third Circuit · 1980
- 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 · 1978
- Riverside Park Realty Co. v. Federal Deposit InsuranceDistrict Court, M.D. Tennessee · 1978
- Roberto Bustamante Et Ux. v. First Federal Savings and Loan Association of San Antonio, Montelongo Lumber CompanyCourt of Appeals for the First Circuit · 1980
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