Worldwide Asset Purchasing, L.L.C. v. Easterling
Ohio Court of Appeals
1Opinion of the Court
Tyack, Judge.
{¶ 1} Worldwide Asset Purchasing, L.L.C., is a company that buys third-party debt from others. In this case, Worldwide purchased an account on a credit card from Direct Merchants Credit Card Bank. The credit card may have been opened by Terri Easterling’s ex-husband in or around February 2002. After the obligor defaulted on the payment on the credit card, issues related to the debt were submitted for arbitration, pursuant to a purported binding-arbitration clause in the credit-card agreement. The National Arbitration Forum ultimately issued a decision ordering Easterling to pay…
2Cases cited13 opinions
- First Options of Chicago, Inc. v. KaplanSupreme Court of the United States · 1995
- Williams v. Aetna Finance Co.Ohio Supreme Court · 1998
- Graham v. Drydock Coal Co.Ohio Supreme Court · 1996
- Council of Smaller Enterprises v. Gates, McDonald & Co.Ohio Supreme Court · 1998
- Brumm v. McDonald & Co. Securities, Inc.Ohio Court of Appeals · 1992
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- LUPO, LLC v. Reynolds and Reynolds Co.District Court, D. Maine · 2010