Category Archives: Online Title Loans Az

Big Photo Loans Lands Big Profit for Tribal Lenders in Sovereign Immunity Case

In a recently available choice because of the Fourth Circuit, Big Picture Loans, LLC, an internet loan provider owned and operated because of the Lac Vieux Desert Band of Lake Superior Chippewa Indians, a federally recognized Indian tribe (“Tribe”), and Ascension Technologies, LLC, the Tribe’s management and consultant company effectively established they are each hands of this Tribe and cloaked with all the privileges and immunities associated with Tribe, including sovereign resistance. As history, Big Picture Loans and Ascension are two entities formed under Tribal legislation by the Tribe and both are wholly operated and owned by the Tribe. Big Picture Loans provides customer financial services products online and Ascension provides marketing and technology solutions solely to picture that is big.

Plaintiffs, customers who had removed loans from Big photo Loans, brought a class that is putative within the Eastern District of Virginia, arguing that state legislation along with other various claims placed on Big Picture Loans and Ascension. Continue reading