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Chae v. SLM Corp., No. 08-56154

By FindLaw Staff on January 26, 2010 4:06 PM

In student borrowers' claims challenging loan servicer methods of calculating interest, assessing late fees and setting the repayment start date on their loans, summary judgment for defendants is affirmed where the statutes and regulations governing lenders and third-party loan servicers under the Federal Family Education Loan Program of the Higher Education Act preempted plaintiffs' claims.

Read Chae v. SLM Corp., No. 08-56154

Appellate Information

Argued and Submitted November 5, 2009

Filed January 25, 2010

Judges

Opinion by Judge Gould

Counsel

For Appellants:

William J. Genego, Nasatir, Hirsch, Podberesky & Genego, Santa Monica, CA

Michael D. Braun, Braun Law Group, P.C., Los Angeles, CA

For Appellees:

Julia B. Strickland, Lisa M. Simonetti, and David W. Moon, Stroock & Stroock & Lavan LLP, Los Angeles, CA

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