Shadoan v. World Savings & Loan Assn.
California Court of Appeal
1Opinion of the Court
Opinion
STEIN, J.
Richard and Antje Shadoan (the Shadoans) paid the balance of an August 1980 loan obtained by them from World Savings and Loan Association (World). Pursuant to the loan agreement, the Shadoans on October 19, 1987, paid a $5,189.18 prepayment penalty to World. They then brought the instant action on behalf of themselves and others similarly situated, alleging that the prepayment penalty provision was an unfair business practice, seeking to enjoin World from collecting prepayment penalties from other borrowers and seeking recovery of the prepayment penalty they paid.
The superior…
2Cases cited11 opinions
- Henningsen v. Bloomfield Motors, Inc.Supreme Court of New Jersey · 1960
- Serrano v. PriestCalifornia Supreme Court · 1977
- Ora Lee Williams v. Walker-Thomas Furniture Company, William Thorne v. Walker-Thomas Furniture CompanyCourt of Appeals for the D.C. Circuit · 1965
- Reynolds Metals Co. v. AlpersonCalifornia Supreme Court · 1979
- Graham v. Scissor-Tail, Inc.California Supreme Court · 1981
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3Cited by28 opinions
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- El Escorial Owners' Ass'n v. DLC Plastering, Inc.California Court of Appeal · 2007
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