First opinion of the day is a unanimous opinion from Thomas in Nebraska v. Parker, affirming the 8th Circuit. #SCOTUS
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Today's equally divided court leaves in place a circuit split on whether guarantors can sue for violations of the Equal Credit Opp'y Act.
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The 8th Circuit held the the text of the ECOA is unambiguous, thus did not defer to the Federal Reserve's interpretation of "applicant."
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The 6th Circuit, however, found the Equal Credit law's meaning of "applicant" to be ambiguous — as did, apparently, the 7th Circuit.
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@chrisgeidner It can be persuasive.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@chrisgeidner But the decision now stands as precedent in the 8th circuit.Thanks. Twitter will use this to make your timeline better. UndoUndo
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