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ANDERSON BROS. FORD v. VALENCIA

No. 80-84.

452 U.S. 205 (1981)

101 S.Ct. 2266

68 L.Ed.2d 783

ANDERSON BROS. FORD ET AL. v. VALENCIA ET AL.

Supreme Court of United States.

Decided June 8, 1981.

Attorney(s) appearing for the Case

Aaron J. Kramer argued the cause and filed briefs for petitioners.

Alan A. Alop argued the cause for respondents. With him on the brief were James O. Latturner and James D. Weill.*

Richard Scupi filed a brief for the UAW Legal Services Plan as amicus curiae urging affirmance.

Richard J. Rubin filed a brief for Indian Pueblo Legal Services, Inc., as amicus curiae.

JUSTICE WHITE delivered the opinion of the Court.

The issue presented in this case is whether an assignment of certain unearned insurance premiums created a "security interest" that should have been disclosed pursuant to the Truth in Lending Act (TILA), 82 Stat. 146, as amended, 15 U. S. C. § 1601 et seq.1

I

In September 1977, respondents purchased an automobile from...

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