Legal Opinion
Blon v. Bank One, Akron, N.A.
Ohio Supreme Court
Decided February 10, 1988No. 86-2054PublishedCited by 112 opinions
1Opinion of the CourtMoyer, C.J.
For the reasons that follow, we reverse, and reinstate summary judgment for Bank One.
The first question presented by this appeal is whether, as a matter of law, Bank One had a duty to disclose the fee paid to West for arranging the Blons’ loan with Bank One under the federal Truth in Lending Act, Section 1601 et seq., Title 15, U.S. Code, and regulations promulgated thereunder in Part 226, Title 12, C.F.R. The court of appeals reversed summary judgment for Bank One, holding that reasonable minds could conclude that the fee paid was a “finder’s fee,” and that as a component of the total…
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3Cited by112 opinions
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