Wise Furniture v. Dehning
Supreme Court of Minnesota
1Opinion of the Court
AMDAHL, Chief Justice.
This case addresses the question of whether Wise Furniture (Wise) violated the Truth in Lending Act (TILA), 15 U.S.C. § 1601 et seq. (1982), and regulations promulgated thereunder by failing to disclose properly the finance charge and the retained security interest in its contracts with Marjorie Dehning. The trial court found that Wise violated TILA. We affirm in part with modification and reverse in part.
The facts in this case are relatively simple. The critical factual dispute concerns Wise’s compliance with regulation Z. 12 C.F.R. § 226.1 et seq. (1973). Dehning…
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