Brack v. Omni Loan Co., Ltd.
California Court of Appeal
1Opinion of the Court
Opinion
BENKE, Acting P. J.
The principal defendant in this class action lawsuit, respondent Omni Loan Company, Ltd. (Omni), 1 a Nevada corporation, engaged in consumer lending in California. Although Omni’s activities would otherwise be subject to the California Finance Lenders Law (Finance Lenders Law) (Fin. Code, 2 § 22000 et seq.), under choice-of-law provisions in Omni’s loan agreements borrowers agreed Omni’s loans would be governed by the law of Nevada. We conclude this choice of Nevada law is not enforceable.
In general, California courts will enforce a contractual choice of law if the…
2Cases cited16 opinions
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- America Online, Inc. v. Superior CourtCalifornia Court of Appeal · 2001
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