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COCHRAN v. PACO, INC.

Nos. 76-1956, 76-2675.

606 F.2d 460 (1979)

Doreen M. COCHRAN, Plaintiff-Appellant, v. PACO, INC., Defendant-Appellee. Clara M. JONES, Plaintiff-Appellant, v. PACO, INC., Defendant-Appellee.

United States Court of Appeals, Fifth Circuit.

January 2, 1979.

Attorney(s) appearing for the Case

Joseph H. King, Jr., Atlanta, Ga., for Doreen M. Cochran.

Jeraud C. Kluckman, Asst. Director, Bd. of Governors of the Federal Reserve System, Washington, D. C., for amicus curiae Bd. of Governors of the Federal Reserve System.

Joseph H. King, Jr., Graydon W. Florence, Jr., Atlanta, Ga., for Clara M. Jones.

Jerry B. Blackstock, Robert L. Connelly, Jr., Atlanta, Ga., for Paco, Inc.

Before BROWN, Chief Judge, THORNBERRY and MORGAN, Circuit Judges.

THORNBERRY, Circuit Judge:

These consolidated cases, along with two others also decided this day,1 require us to examine the relationship between the McCarran-Ferguson Act ("McCarran Act"), 15 U.S.C. §§ 1011 et seq., and the Truth in Lending Act ("TIL"), 15 U.S.C. §§ 1601 et seq. Here we must decide whether the McCarran Act precludes application of TIL's disclosure requirements to a credit agreement between...

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