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Koons Buick Pontiac GMC, Inc. v. Nigh, Bradley

Docket No.: 03-377
Certiorari Granted: Jan 20 2004
Argued: October 5, 2004
Decided: November 30, 2004

Topics:

Truth in Lending, Economic Activity, Truth in Lending

PartyNames: Koons Buick Pontiac GMC, Inc. v. Bradley Nigh
Petitioner: Koons Buick Pontiac GMC, Inc.
Respondent: Bradley Nigh

Court Below: United States Court of Appeals for the Fourth Circuit
Citation: 319 F3d 119
Supreme Court Docket

Koons Buick Pontiac GMC, Inc.
v.
Bradley Nigh
543 U.S. 50 (2004)
Question Presented:

Whether the §1,000 statutory limit originally adopted in 1968 as a cap on Truth in Lending Act (TILA) recoveries under 15 U.S.C. § 1640(a)(2)(A)(i) has been rendered inapplicable to that subpart by subsequent amendments to Section 1640(a)(2)(A) -- though there is no evidence of any Congressional intent to effect such a change -- so that parties who suffer no actual damages may now recover far in excess of the previous §1,000 cap.

Question:

Could parties who suffered no actual damages recover more than the Truth in Lending Act's original $1,000 cap because of subsequent amendments to the act?

Koons Buick Pontiac GMC, Inc. v. Nigh, Bradley
ORAL ARGUMENT

October 5, 2004

Holding: reversed and remanded
Decision: Decision: 8 votes for Koons Buick Pontiac GMC, Inc., 1 vote(s) against
Vote: 8-1

Koons Buick Pontiac GMC, Inc. v. Nigh, Bradley
Case Documents

1Slip Opinion in Koons Buick Pontiac GMC, Inc. v. Nigh, Bradley
2Opinion in Koons Buick Pontiac GMC, Inc. v. Nigh, Bradley
3Opinion in Koons Buick Pontiac GMC, Inc. v. Nigh, Bradley
Additional documents for this case are pending review.