Tribe-Linked Lender Funders Urge 9th Circ. To Ax Class Cert.
Law360 (June 16, 2021, 6:04 PM EDT) -- Companies that funded a lender accused of charging illegally high interest rates urged the Ninth Circuit to reverse a California federal court's certification of a class of consumers, arguing it was done too hastily while ignoring "serious issues," such as how to identify class members.
Kimetra Brice is leading a class of consumers suing the now-defunct online lender Think Finance and associated parties for issuing interest rates higher than California's legal limits and getting away with it by conducting business with tribal entities and declaring tribal sovereign immunity.
7HBF No. 2 Ltd. and Haynes Investments LLC — two companies that funded...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!