Quicken Loans, Inc. v. Brown

Plaintiff filed a lawsuit against Quicken Loans, Inc., alleging that Quicken committed common law fraud and violated the West Virginia Consumer Credit and Protection Act in connection with a loan agreement between Plaintiff and Quicken. The circuit court found in favor of Plaintiff on all but one of her claims. The Supreme Court reversed in part, concluding that the circuit court improperly cancelled Plaintiff’s obligation to repay the loan principal, failed to support its punitive damages award with the correct analysis, and failed to offset the compensatory damages award against Plaintiff’s pretrial settlement with defendants who did not proceed to trial. After remand, the circuit court entered an opinion and order. The Supreme Court again reversed, holding that the circuit court (1) improperly created a lien on Plaintiff’s property; (2) erred in increasing the compensatory damages award to Plaintiff; (3) erred in awarding attorney fees and costs for both the first appellate proceeding and the post-appellate proceedings; (4) improperly increased the punitive damages award; and (5) erred in refusing to offset Plaintiff’s award of attorney fees and costs by a pretrial settlement between Plaintiff and the codefendants. Remanded. View "Quicken Loans, Inc. v. Brown" on Justia Law