JAMES v. NAT. FINANCIAL, LLC

C.A. No. 8931-VCL.

132 A.3d 799 (2016)

Gloria JAMES, Plaintiff, v. NATIONAL FINANCIAL, LLC, Defendant.

Court of Chancery of Delaware.

Date Decided: March 14, 2016.


Attorney(s) appearing for the Case

Richard H. Cross, Jr. , Christopher P. Simon , Cross & Simon, LLC, Wilmington, Delaware; Alexander J. Pires, Jr. , Diane E. Cooley , Pires Cooley , Washington, DC; Attorneys for Plaintiff Gloria James.

Edward T. Ciconte , Daniel C. Kerric , Ciconte, Scerba & Kerrick, LLC, Wilmington, Delaware; Kenneth M. Dubrow , The Chartwell Law Offices, Philadelphia, Pennsylvania; Attorneys for Defendant National Financial, LLC.


OPINION

Defendant National Financial, LLC ("National") is a consumer finance company that operates under the trade name Loan Till Payday. In May 2013, National loaned $200 to plaintiff Gloria James (the "Disputed Loan"). National described the loan product as a "Flex Pay Loan." In substance, it was a one-year,...

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