Channell v. Citicorp National Services, Inc.
Court of Appeals for the Seventh Circuit
1Opinion of the Court
EASTERBROOK, Circuit Judge.
This case under the Consumer Leasing Act, 15 U.S.C. §§ 1667-1667e, presents three questions. First, must a lessor that uses the sum-of-the-digits method (also known as the Rule of 78s) to calculate unearned interest explain what the method entails? Second, after disclosing that it will use the Rule of 78s, must the lessor actually use it? Third, may a district court use the supplemental jurisdiction, 28 U.S.C. § 1367, to order members of a plaintiff class (which becomes a defendant class in a counterclaim) to pay what they owe on consumer leases?
The class certified…
2Cases cited22 opinions
- Owen Equipment & Erection Co. v. KrogerSupreme Court of the United States · 1978
- Strawbridge v. CurtissSupreme Court of the United States · 1806
- Bowen v. Georgetown University HospitalSupreme Court of the United States · 1988
- Ford Motor Credit Co. v. MilhollinSupreme Court of the United States · 1980
- Clark v. Paul Gray, Inc.Supreme Court of the United States · 1939
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