United States Sixth Circuit

Summary judgment for defendant-lender on rescission claims under the Truth in Lending Act involving alleged failures of disclosure regarding plaintiffs' loan refinancing is reversed where the district court erred in finding that plaintiffs' act of refinancing extinguished their unexpired right to rescind the loan transaction and recover related fees.

Appellate Information

• Decided 04/18/2006
• Published 04/18/2006

Judges

• Before:  GUY, SUTTON, and McKEAGUE, Circuit Judges.

Court

• United States Sixth Circuit

Counsel

• For Appellees:
  
• ARGUED:  Katherine K. Yunker, Yunker & Associates, Lexington, Kentucky, for Appellants.  Dustin E. Meek, Tachau, Maddox, Hovious & Dickens, Louisville, Kentucky, for Appellee.   ON BRIEF:  Katherine K. Yunker, Katherine Shelby Sanford, Benjamin D. Allen, Yunker & Associates, Lexington, Kentucky, for Appellants.  Dustin E. Meek, Phillip A. Martin, Tachau, Maddox, Hovious & Dickens, Louisville, Kentucky, James M. Meredith, JP Morgan Chase Legal Department, Dallas, Texas, for Appellee.