Va. dealer's Supreme Court win helps lenders.(News)(Virginia)(Column)

From: Automotive News | Date: December 6, 2004| Author: Stoffer, Harry | Copyright information

Byline: Harry Stoffer

A Virginia dealer's persistence paid off in a U.S. Supreme Court victory that will benefit thousands of lenders, including other dealers.

The high court ruled 8-1 last week that a disgruntled used-car buyer is entitled to no more than $1,000 in damages because of a lending law violation by the dealership.

Lower courts had awarded the plaintiff, Bradley Nigh, more than $24,000.

But the court majority accepted the ar...