DISCLAIMER: The following unofficial case summaries are prepared by the clerk's office
as a courtesy to the reader. They are not part of the opinion of the court.
111772P.pdf 10/06/2011 Kreisler & Kreisler, LLC v. National City Bank
U.S. Court of Appeals Case No: 11-1772
U.S. District Court for the Eastern District of Missouri - St. Louis
[PUBLISHED] [Murphy, Author, with Loken and Beam, Circuit Judges]
Civil Case - contract. District court's dismissal of class action
challenging the rate of interest charged by bank is affirmed. Applying the
365/365 method of calculating bank interest does not conflict with the
term "per annum," the payment provision is not uncertain nor indefinite,
and the terms of the payment provision are consistent with the variable
interest rate provision.