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BURLEY v. BASTROP LOAN COMPANY, INC.

No. 76-1541.

590 F.2d 160 (1979)

Clifton BURLEY, Plaintiff-Appellee, v. BASTROP LOAN COMPANY, INC., Defendant-Appellant.

United States Court of Appeals, Fifth Circuit.

February 26, 1979.

Attorney(s) appearing for the Case

James A. Hobbs, West Monroe, La., for defendant-appellant.

David L. Campbell, Trevor G. Bryan, New Orleans, La., amicus curiae, for General Motors Acceptance Corp.

Donald Juneau, New Orleans, La., Kidd, Katz & Strickler, Monroe, La., Stephen J. Katz, Bastrop, La., for plaintiff-appellee.

Before THORNBERRY, GODBOLD and HILL, Circuit Judges.

PER CURIAM:

This is a case arising under the Truth-in-Lending Act, 15 U.S.C. § 1601 et seq., and Regulation Z, 12 C.F.R., Part 226. The district court granted plaintiff's motion for summary judgment on the ground that the Loan Company's failures to disclose the acceleration clause on the face of its promissory note and to disclose the rebate policy upon acceleration were violations of 15 U.S.C. § 1639(a)(7) and 12 C.F.R. § 226.8(b)(4). Burley...

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