-
-
Recent Posts
- US District Court Holds Individual Guarantors Liable for Business Loan; Rejects Usury Challenge
- New York Court Recharacterizes Merchant Agreement as Loan, Vacates Confessed Judgment and Voids Transaction
- Increased Value of Pledged Stock Not Interest
- U.S. District Court Holds that Purchase of Future Settlement Proceeds Violates Kansas Usury Law
- Citing Madden v. Midland Funding, Colorado Regulator Challenges Bank Partnership Model
Archives
- July 2017
- June 2017
- April 2017
- March 2017
- February 2017
- January 2017
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
Categories
Disclaimer
The information and materials on this blog are provided for general informational purposes only and are not intended to be legal advice. The law changes frequently and varies from jurisdiction to jurisdiction. Being general in nature, the information and materials provided may not apply to any specific factual and/or legal set of circumstances. No attorney-client relationship is formed nor should any such relationship be implied. Nothing on this blog is intended to substitute for the advice of an attorney, especially an attorney licensed in your jurisdiction. If you require legal advice, please consult with a competent attorney licensed to practice in your jurisdiction.
Monthly Archives: June 2017
Increased Value of Pledged Stock Not Interest
A lender provided a $600,000 loan to a borrower on the condition that the proceeds be used to purchase shares of a publicly traded company. The note provided for an interest rate of 10% and granted the lender warrants to … Continue reading
Posted in Criminal Usury, Federal Court, New York, Recharacterization, Statute of Limitations
Comments Off on Increased Value of Pledged Stock Not Interest
