Legal Opinion

Ratner v. Chemical Bank New York Trust Co.

District Court, S.D. New York

Decided February 14, 1972No. 69 Civ. 4195PublishedCited by 105 opinions

1Opinion of the Court

OPINION

FRANKEL, District Judge.

In this action, authorized by § 130(e) of the Truth in Lending Act of 1968 (the “Act”),1 15 U.S.C. § 1640(e), plaintiff, holder of a Master Charge credit card, has sued to redress an asserted violation of the Act by defendant—namely, the failure to show a “nominal annual percentage rate” on a periodic statement reporting an outstanding principal balance but no interest charge yet accrued. Plaintiff undertook to sue for himself and as representative of other debtors similarly situated. Defendant moved to dismiss; plaintiff moved for summary judgment; and it was…

2Cases cited3 opinions

  1. Dolgow v. AndersonDistrict Court, E.D. New York · 1968
  2. Philadelphia Electric Co. v. Anaconda American Brass Co.District Court, E.D. Pennsylvania · 1968
  3. Ratner v. Chemical Bank New York Trust CompanyDistrict Court, S.D. New York · 1971

3Cited by105 opinions

  1. Reuben J. Katz, on Behalf of Himself and All Others Similarly Situated v. Carte Blanche CorporationCourt of Appeals for the Third Circuit · 1974
  2. Leonard J. Klay v. Humana, Inc.Court of Appeals for the Eleventh Circuit · 2004
  3. Linder v. Thrifty Oil Co.California Supreme Court · 2000
  4. Robert La Mar v. H & B Novelty & Loan Company, Ronald J. Kinsling v. Allegheny AirlinesCourt of Appeals for the Ninth Circuit · 1973
  5. Parker v. Time Warner Entertainment Co., L.P.Court of Appeals for the Second Circuit · 2003

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