for The Association of the Bar of the City Of New York
1. Koons Buick Pontiac GMC, Inc. v. Nigh, No. 03-377, SUPREME COURT OF THE UNITED STATES, October 5, 2004, Argued , November 30, 2004, Decided
OVERVIEW: A $1,000 cap on Truth in Lending Act awards for loans secured with personal property still applied even after a 1995 amendment raising the awards for closed-end mortgages which arguably could have limited the cap to leases and not loans.
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