Tribal Lending Companies Immune From Class Suit Alleging Unlawful Practices
(November 24, 2015, 7:45 AM EST) -- BALTIMORE — A Maryland federal judge on Nov. 20 dismissed two payday lending companies from a consumer’s putative class action alleging illegal lending practices after finding that the companies are both arms of a Native American tribe entitled to sovereign immunity (Alicia Everette v. Joshua Mitchem, et al., No. 15-1261, D. Md.; 2015 U.S. Dist. LEXIS 156980).
(Memorandum available. Document #96-151211-009Z.)
In 2013, Alicia Everette obtained a loan from MobiLoans LLC, a tribal lending entity wholly owned by the Tunica-Biloxi Tribe of Louisiana, and...