on the expense of litigation and enabling small claims to be litigated”). When a class member has a sufficiently large stake in litigation to be able to afford to litigate on his own, this consideration weighs against allowing a suit to proceed as a class action. Nagel v. ADM Investor Servs., Inc., 217 F.3d 436, 443 (7th Cir.2000); see also Glazer v. Abercrombie & Kent, Inc., No. 07 C 2284, 2008 WL 4853641, at *4 (N.D.Ill. Nov. 10, 2008) (denying motion for class certification because large individual damage claims increase plaintiffs interest in individually controlling the prosecution and defense of separate actions). Indeed, the Seventh Circuit has held that damages as low as $50,000 provide adequate incentive to litigate a claim individually. See, e.g., Andrews, 545 F.3d at 577-78 (<HOLDING>). Plaintiff argues that individual proceedings
holding elements of rescission are 1 holding that class action was not superior to individual tila rescission action because under truth in lending act a prevailing debtor with a typical loan can expect to receive over 50000 plus attorneys fees and costs in a rescission action and many debtors do in fact bring rescission claims holding that party affirming contract is precluded from later seeking rescission recognizing that a claim under mcl 6002932 includes all actions to decide interests in land even when the claim involves fraud or rescission and holding that the 15year period of limitations applies to such an action rather than the shorter periods applicable to typical claims for fraud and rescission holding class action superior where individual claims do not warrant separate suits