Seventh Circuit Holds Rescission Cannot Be Pursued on a Class-wide Basis Under TILA


On September 24, 2008, the Seventh Circuit joined the growing chorus of Circuit Courts that have held that a class action cannot be certified for rescission claims under the Truth in Lending Act (?TILA?), 15 U.S.C. § 1635. Andrews v. Chevy Chase Bank, No. 07-1326. The

Andrews court held that such claims are incompatible with class action treatment.

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