Bankrupt Lender Sees Dueling Class Certification Bids

Law360, New York (June 8, 2007, 12:00 AM EDT) -- In a situation one attorney called highly unusual, a group of class claimants and a group of class plaintiffs have filed competing bids seeking class certification from a bankruptcy court, accusing bankrupt subprime lender People's Choice Home Loan Inc. of violating California labor laws.

On Monday, a group of nine claimants seeking to represent a class of individuals who claim the debtors—People's Choice Home Loan Inc. and and People's Choice Financial Corporation—violated California law when it laid them off without adequate warning in March and denied...
To view the full article, register now.