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Same Song, Different Year-- Attorneys' Fees Still a Driving Force Behind Consumer Finance Litigation

July 27, 2009

This article provides a summary of recent federal cases that have provided an award of attorney’s fees to plaintiffs who have successfully pursued claims under federal consumer protection statutes, including the Fair Debt Collection Practices Act (“FDCPA”), the Fair Credit Reporting Act (“FCRA”) and the Truth-in-Lending Act (“TILA”). The authors analyze the lodestar formula used to determine an appropriate award of attorney’s fees and consider factors that can lead to a court’s decision to increase or decrease a lodestar amount.

To read the article, please click the link below.

by: John R. Chiles, Alan D. Leeth, R. Frank Springfield, Zachary D. Miller

topics: Financial Services