Usury

Mar 22, 2018

Banks & Banking – Usury Claim – Sustained Overdraft Fee – Civil Practice – Law of the Case Doctrine

In a claim newly added to this multidistrict litigation, the court exercises its discretion to apply the law of the case doctrine and adheres to its ruling in the previously consolidated cases that a sustained overdraft fee – charged against a deposit account that stays overdrawn for 10 days – is a service charge and […]