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SMITH v. STEINKAMP

Nos. 02-2649, 02-2650.

318 F.3d 775 (2003)

Sheila SMITH, et al., Plaintiffs-Appellees, v. John STEINKAMP, et al., Defendants-Appellants.

United States Court of Appeals, Seventh Circuit.

Decided February 10, 2003.

Attorney(s) appearing for the Case

Clifford W. Shepard (argued), Indianapolis, IN, for Plaintiffs-Appellees.

Thomas E. Satrom, Locke Reynolds, Indianapolis, IN, Jeffrey T. Mitchell (argued), Konicek & Dillon, St. Charles, IL, for Defendants-Appellants in No. 02-2649.

Jeffrey T. Mitchell (argued), Konicek & Dillon, St. Charles, IL, for Defendant-Appellant in No. 02-2650.

Before POSNER, DIANE P. WOOD, and WILLIAMS, Circuit Judges.

POSNER, Circuit Judge.

The defendants appeal from the denial of their motion to submit the claims of two of the plaintiffs to arbitration. 9 U.S.C. § 16(a)(1)(B). The defendants are Instant Cash, Inc., a small-loan company active in Indiana, and its lawyer, Steinkamp (also Steinkamp's firm, but it can be ignored). Instant Cash made "payday" loans to the four plaintiffs. A payday loan is a loan of short duration, typically...

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