U.S. Supreme Court
Jan. 26, 2011
High Court Reversals Continue Trend
In one of several reversals of the 9th U.S. Circuit Court of Appeals, the U.S. Supreme Court found Monday that Chase Bank USA was not required to notify customers before hiking interest rates.
Daily Journal Staff Writer
WASHINGTON - In a reversal of the 9th U.S. Circuit Court of Appeals, the U.S. Supreme Court found Monday that Chase Bank USA was not required to notify customers before hiking interest rates on its credit cards.
Although the unanimous opinion focuses on a regulation Congress subsequently changed to mandate notification, the ruling derails a class action against Chase, a subsidiary of JPMorgan Chase...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$895, but save $100 when you subscribe today… Just $795 for the first year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In