Legal Opinion
Richard L. Gallois, Jr. v. Commercial Securities Company, Inc.
Court of Appeals for the Fifth Circuit
Decided November 16, 1981No. 79-3473PublishedCited by 4 opinions
1Per curiam
In March, 1973, Richard L. Gallois (Gallois) borrowed $1230.00 from Commercial Securities Co. (Commercial) to be repaid in 30 monthly installments. Gallois signed a note which provided that interest would be charged at the highest rate authorized by Louisiana law if not paid in full by the contract maturity date, and also included a chattel mortgage which evidenced a credit life insurance policy with the premium paid by the borrower. In February, 1974, Gallois filed a complaint in the District Court alleging that Commercial was in violation of the Truth-in-Lending Act (TIL), 15 U.S.C. § 1601…
2Cases cited5 opinions
- Ford Motor Credit Co. v. MilhollinSupreme Court of the United States · 1980
- Donald L. Bone v. Hibernia Bank and Michael ShieldsCourt of Appeals for the Ninth Circuit · 1974
- James L. Martin v. Commercial Securities Company, Inc.Court of Appeals for the Fifth Circuit · 1976
- Elijah & Shirley C. Whitfield, Plaintiffs-Appellees-Cross v. Termplan, Inc., Bolton, Defendant-Appellant-CrossCourt of Appeals for the Fifth Circuit · 1981
- Lamar v. American Finance System of Fulton County, Inc.Court of Appeals for the Fifth Circuit · 1978
3Cited by4 opinions
- Kramer v. Marine Midland BankDistrict Court, S.D. New York · 1983
- Joyce Stewart v. Ford Motor Credit CompanyCourt of Appeals for the Eleventh Circuit · 1982
- Enoch Stewart and Darrel Ann Stewart v. Abraham Lincoln Mercury, Inc.Court of Appeals for the Fifth Circuit · 1983
- Joyce Stewart v. Ford Motor Credit CompanyCourt of Appeals for the Eleventh Circuit · 1982