The First Circuit holds that debtors can’t rescind their loans on a class-wide basis under the Truth in Lending Act. If you want to rescind, the court concludes, you must do it individually. Opinion here.
Law, Strategy, and Risk in Commercial Disputes
The First Circuit holds that debtors can’t rescind their loans on a class-wide basis under the Truth in Lending Act. If you want to rescind, the court concludes, you must do it individually. Opinion here.