Dallas Morning News: Dallas wins another round in case brought by payday lenders who don’t like 2011 rules
May 25, 2014
Three years ago the Dallas City Council, led by Jerry Allen, passed an ordinance intended to keep payday lenders from essentially owning their customers. Weeks later the industry fought back with a lawsuit claiming, among other things, that the city’s ordinance conflicted with state law — and that it was intended to run them out of town. The city’s been fighting the Consumer Service Alliance of Texas, TitleMax of Texas and Ace Cash Express ever since in trial and appeals court.
But on Friday, the Fifth Court of Appeals in Dallas once again ruled in the city’s favor. In an opinion signed by Justice Robert Fillmore, the court concurred with the city’s position that it’s immune from the payday lenders’ lawsuit. It also dismissed several other claims, among them that the city hasn’t enforced the ordinance in an attempt to dodge the lawsuit. Read more here.