9th Circuit Upholds Dismissal Of Man’s TILA Suit For Lack Of Jurisdiction

(January 7, 2020, 5:11 PM EST) -- PASADENA, Calif. — A Ninth Circuit U.S. Court of Appeals panel on Dec. 27 affirmed the dismissal of man’s Truth in Lending Act (TILA) lawsuit seeking rescission of a loan, holding that his failure to attempt to resolve his claim with the Federal Deposit Insurance Corp. excluded the court from having jurisdiction under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) (Norman Shaw v. Bank of America Corp., et al., No. 17-56706, 9th Cir., 2019 U.S. App. LEXIS 38549)....