Monthly Archives: January 2015

Court Partially Enforces Foreign Judgment with Usurious Postjudgment Interest Rate

Hyundai Securities Co., Ltd. v. Lee, 2015 Cal. App. LEXIS 23 (Cal. App. 2d Dist. Jan. 13, 2015) This case involved an appeal to the Court of Appeal of California from the entry of a foreign money judgment by the trial court … Continue reading

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Joint Venture Exception to Usury

W&Z Dev. Corp. v. Aztec Group, 2015 Cal. App. Unpub. LEXIS 494 (Cal. App. 4th Dist. Jan. 23, 2015) This case involved the joint venture exception to a claim of usury. W&Z Development Corporation (“W&Z”) and  Aztec Group Inc. (“Aztec”) … Continue reading

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Choice of Law Rules Impact Usury Claim

Gregoria v. Total Asset Recovery, Inc., 2015 U.S. Dist. LEXIS 1818 (E.D. Pa. Jan. 7, 2015) This case involved FDCPA and RICO act claims against a repossession company that repossessed the plaintiffs’ car in Pennsylvania after the plaintiffs failed to … Continue reading

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