Buckley Sandler Files TILA Amicus Curiae Briefs on Behalf of Industry GroupsJeffrey P. Naimon
Buckley Sandler has filed several amicus curiae briefs on behalf of the American Bankers Association, Consumer Bankers Association, and Consumer Mortgage Coalition. The briefs, filed in response to several closely watched Truth in Lending (TILA) lawsuits, consider whether a borrower may file a suit for rescission after the three-year repose period if the borrower sent a notice to the lender within three years. The Tenth Circuit recently issued a decision embracing the amici’s position. In doing so, the Court specifically “acknowledge[d]” the “helpful” amicus briefs and discussed the “real-world, industry, and regulatory implications of the legal issues” raised by them. See Rosenfield v. HSBC Bank, USA, No. 10-1442, 2012 WL 2087193 (10th Cir. June 11, 2012). Click below to view the briefs.