Legal Opinion
Ford Motor Credit Co. v. Milhollin
Supreme Court of the United States
Decided February 20, 1980No. 78-1487PublishedCited by 888 opinions
1Opinion of the CourtJustice Brennan
The issue for decision in this case is whether the Truth in Lending Act (TILA), 82 Stat. 146, as amended, 16 U. S. C. § 1601 et seq., requires that the existence of an acceleration clause always be disclosed on the face of a credit agreement. The Federal Reserve Board staff has consistently construed the statute and regulations as imposing no such uniform requirement. Because we believe that a high degree of deference to this administrative interpretation is warranted, we hold that TILA does not mandate a general rule of disclosure for acceleration clauses.
I
The several respondents in this…
2Cases cited11 opinions
- Securities & Exchange Commission v. Chenery Corp.Supreme Court of the United States · 1943
- Udall v. TallmanSupreme Court of the United States · 1965
- Mourning v. Family Publications Service, Inc.Supreme Court of the United States · 1973
- Norwegian Nitrogen Products Co. v. United StatesSupreme Court of the United States · 1933
- Power Reactor Development Co. v. International Union of Electrical, Radio & MacHine WorkersSupreme Court of the United States · 1961
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3Cited by888 opinions
- United States v. Mead Corp.Supreme Court of the United States · 2001
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- Martin v. Occupational Safety & Health Review CommissionSupreme Court of the United States · 1991
- Bonte v. U.S. Bank, N.A.Court of Appeals for the Seventh Circuit · 2010
- City of Arlington v. Fed. Commc'ns Comm'nSupreme Court of the United States · 2013
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