Banking
Jan. 18, 2007
Justices Favor Insurers in Fair Credit Act Dispute
WASHINGTON - Wrestling with a closely watched business case, the U.S. Supreme Court expressed concern Tuesday about a plaintiff-friendly ruling from the 9th U.S. Circuit Court of Appeals that could expose companies to significant monetary damages for violating a federal credit-reporting law designed to protect consumers.
Daily Journal Staff Writer
WASHINGTON - Wrestling with a closely watched business case, the U.S. Supreme Court expressed concern Tuesday about a plaintiff-friendly ruling from the 9th U.S. Circuit Court of Appeals that could expose companies to significant monetary damages for violating a federal credit-reporting law designed to protect consumers.
During an hour-long ora...
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