Consumer Protection - Arbitration – Credit Increase Limit – Request Denial
By Deborah Elkins
July 22, 2008
Under an arbitration agreement in plaintiff’s credit application, the Richmond U.S. District Court gets to decide the validity and enforcement of any waiver of the applicant’s right to bring a class action, but the court upholds the waiver, and plaintiff is left to arbitrate her individual claim that defendant bank violated the Equal Credit Opportunity Act by refusing to increase her credit limit without providing any explanation.
Freeman v. Capital One Bank (VLW 008-3-247) (6 pp.)
© Copyright 2008, by Virginia Lawyers Media, all rights reserved
POST A COMMENT
IMPORTANT OPINIONS
- Insurance - Fire Loss - Business Interruption - Statutory Appraisal - Arbitration
- Contract - Government Contract – Subcontractor Claim – Arbitration
- Consumer Protection - Lottery Proceeds - Loan Collateral
- Domestic Relations - Fraud On Court - Divorce Decree Vacatur
- Domestic Relations - Cruelty - Equitable Distribution - Family Dog
- Administrative - School District Boundaries – Judicial Review