Auto Finance Companies Liable for Attorneys’ Fees to Consumers
On January 29, 2021, the California Court of Appeal for the Second Appellate District, in Pulliam v. HNL Automotive Inc.(2021) Cal.App.5th [2021 Cal.App. LEXIS 81], held that the Holder Rule (16 C.F.R. § 433.2) does not limit the attorneys’ fees that a plaintiff may recover from a creditor-assignee. In doing so, the court rejected the holdings of the Third and First Appellate Districts in Lafferty v. Wells Fargo Bank, N.A. […]