[DOWNLOAD] "City Bank v. Gifesman" by the Court of Appeals of the State of Connecticut " eBook PDF Kindle ePub Free

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eBook details

• Title: City Bank v. Gifesman
• Author : the Court of Appeals of the State of Connecticut
• Release Date : January 01, 2001
• Genre: Law,Books,Professional & Technical,
• Pages : * pages
• Size : 60 KB

Description

Argued February 27 OPINION In this commercial appeal, a bank issued a secondary credit card at the request of its customer, the holder of a primary credit card. The applicable credit card agreement imposed liability on the primary card holder for sums charged against the secondary credit card. The principal issue before us is whether § 1643 of the federal Truth in Lending Act, 15 U.S.C. § 1601 et seq., overrides the credit card agreement so as to excuse the defendant, in whole or in part, from making the payments requested by the issuer. This is an issue of first impression in this state. The trial court held the primary credit card holder fully liable. We agree. The plaintiff, Citibank (South Dakota), N.A., brought an action to collect $48,825.37 from the defendant, Mark Gifesman, for charges on two credit card bills that arose from the use of an authorized secondary credit card in the name of Alexei Popov, then a resident of Russia. The defendant denied his liability and filed a counterclaim in three counts. He charged the plaintiff with breach of fiduciary duty, breach of the implied covenant of good faith and fair dealing and violation of the Connecticut Unfair Trade Practices Act (CUTPA), General Statutes § 42- 110a et seq.

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