Dillon v. BMO Harris Bank, N.A.

Plaintiff filed suit against the Banks for facilitating collection of loans he obtained from online lenders. On appeal, the Banks challenged the district court's order denying their renewed motions seeking to cure deficiencies the district court relied on in dismissing their claims to enforce arbitration clauses in the loan agreements. The court concluded that the district court erred by treating as motions for reconsideration what were, in both form and substance, renewed motions to compel arbitration and stay further court proceedings. Accordingly, the court vacated the district court's order and remanded for further proceedings. View "Dillon v. BMO Harris Bank, N.A." on Justia Law