$22.8 million for class of holders of MBNA credit cards

Case Abstract
Lowey Dannenberg won a $22.8 million settlement on behalf of a class of current and former holders of credit cards issued by MBNA bank who took cash advances in response to an MBNA promotion.

Client
Class of holders of MBNA credit cards.

Case Name
Broder v. MBNA Corp., No. 605153/98 (Sup. Ct., N.Y. County, April 11, 2003).

Result
$22.8 million.

Case Details
The Supreme Court of the State of New York, County of New York, approved a $22.8 million settlement on behalf of a class of current and former holders of credit cards issued by MBNA bank who took cash advances in response to an MBNA promotion.

Jeanne D'Esposito