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GERASTA v. HIBERNIA NAT. BANK

Civ. A. No. 74-990.

411 F.Supp. 176 (1975)

Joseph E. GERASTA and Josefina E. Gerasta, wife of Joseph E. Gerasta v. HIBERNIA NATIONAL BANK and U. S. Building Materials Co., Inc.

United States District Court, E. D. Louisiana.

Supplemental Opinion February 23, 1976.

Attorney(s) appearing for the Case

R. Collins Vallee, New Orleans, La., for plaintiffs.

Harry T. Howard, III, Chaffe, McCall, Phillips, Toler & Sarpy, New Orleans, La., for Hibernia Nat. Bank.

Wayne M. Babovich, Carl & Roussel, New Orleans, La., for U.S. Building Materials Co., Inc.

BOYLE, District Judge:

The plaintiffs, Mr. and Mrs. Joseph E. Gerasta, instituted this action pursuant to Section 130 of the Consumer Credit Protection Act of 1968 (hereinafter Act), 15 U.S.C. § 1601 et seq., popularly referred to as the Federal Truth-In-Lending Act, and Regulation Z, 12 C.F.R. § 226, promulgated by the Board of Governors of the Federal Reserve System (hereinafter Board) in accordance with 15 U.S.C. § 1604.

The complaint charges...

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