Rathbun v. WT Grant Company

Todd, Justice.

In each of these cases, defendant appeals from a partial summary judgment declaring its retail installment credit coupon book plan to be usurious under the laws of the State of Minnesota. Defendant also challenges in these appeals the orders of the court entered in these matters allowing a class action. We conclude that the trial court properly found the coupon plan to be usurious, but vacate the court’s orders on the class action in part and remand to the trial court for further proceedings.

Defendant is a national merchandiser of a large range of consumer products, ranging from…