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DAWE v. MERCHANTS MORTG. AND TRUST CORP.

No. 83SC20.

683 P.2d 796 (1984)

Thomas S. DAWE and Ila Mae Dawe, Petitioners, v. MERCHANTS MORTGAGE AND TRUST CORPORATION, a Colorado corporation, Respondent.

Supreme Court of Colorado, En Banc.

June 25, 1984.

Attorney(s) appearing for the Case

French & Stone, P.C., Robert W. Stone, David M. Haynes, Boulder, for petitioners.

Davis & Ceriani, P.C., Gary J. Ceriani, Denver, for respondent.

ERICKSON, Chief Justice.

The district court granted summary judgment in favor of Merchants Mortgage & Trust Corp. (Merchants) finding that Thomas and Ila Dawe's (petitioners) right to rescind a land transaction under the Federal Truth In Lending Act (TILA), 15 U.S.C. § 1635(a) (1982), was barred by the three year statute of limitations contained in 15 U.S.C. § 1635(f) (1982). The Court of Appeals affirmed. ...

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