The 9th Circuit Court of Appeals issued a stay pending appeal in
the case Davies v. Deutsche Bank National Trust Co., No. 12-60003. The case
involves issues as whether Deutsche as trustee properly established itself as a
creditor in a bakruptcy proceeding, as well as whether the homeowner's TILA
claims were improperly dismissed in an adversary proceeding.
It's hard to read the intentions of the Court of Appeals, as they have put this case on an expedited track at the same time as they granted the stay pending appeal. I suspect the TILA claim will be resolved favorably to the homeowner.
More information about this case can be found here:
It's hard to read the intentions of the Court of Appeals, as they have put this case on an expedited track at the same time as they granted the stay pending appeal. I suspect the TILA claim will be resolved favorably to the homeowner.
More information about this case can be found here:
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