Legal Opinion

Quicken Loans v. Marsha Gale Walters, Administratrix

West Virginia Supreme Court

Decided June 15, 2017No. 16-0298Separate

1Opinion of the Court

No. 16-0298 - Quicken Loans, Inc. v. Walters FILED June 15, 2017 LOUGHRY, C.J., dissenting, joined by KETCHUM, J.: released at 3:00 p.m. RORY L. PERRY, II CLERK SUPREME COURT OF APPEALS OF WEST VIRGINIA The majority’s illogical and legally unsound opinion takes a perfectly straightforward statute and, despite declaring it to be unambiguous, badly misconstrues it, making a perfectly lawful banking transaction illegal. West Virginia Code § 31-17-8(m)(8) prohibits only the predatory practice of making loans which on their face appear to be adequately collateralized, but actually exceed the…

2Cases cited24 opinions

  1. Hensley v. EckerhartSupreme Court of the United States · 1983
  2. Larry Nadeau v. Raymond A. Helgemoe, Warden, New Hampshire State PrisonCourt of Appeals for the First Circuit · 1978
  3. Hewitt v. HelmsSupreme Court of the United States · 1987
  4. State v. General Daniel Morgan Post No. 548West Virginia Supreme Court · 1959
  5. State v. General Daniel Morgan Post No. 548West Virginia Supreme Court · 1959

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