Supreme Court Rules On The Expensing Of “Fictional” Car Payment

Supreme Court Rules On The Expensing Of “Fictional” Car Payment

By William A. McNeal and Gilbert B. Weisman of Becket & Lee LLP, Malvern, PA

Ransom v. FIA Card Servs., N.A., No. 09-907, slip op. (U.S. Jan. 11, 2011), aff’g Ransom v. MBNA, Am. Bank, N.A. (In re Ransom), 577 F.3d 1026 (9th Cir. 2009).

On January 11, 2011, the Supreme Court of the United States decided the case of Ransom v. FIA Card Servs. N.A., affirming the Ninth Circuit Court . . .

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