Burns v. Ferro , 1991 WL 53833 (1991) (Not Reported)

Burns v. Ferro - 1

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The Superior Court held that its previous decision was correct concerning material questions of fact that surrounded the questions presented, and summary judgment was therefore not appropriate. Chrysler First Financial made loans to consumers that were used to purchase portions of an illegal pyramid scheme. The company could be found liable for participating in the scheme if it had knowledge of the purpose of the loans to the plaintiff. However, the record was not complete on the question of knowledge, so summary judgment was denied.

http://www.mlmlegal.com/legal-cases/Burns_v_Ferro_1.php

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Reference Info:State, 3rd Circuit, Delaware | United States

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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