Category Archives: Public Policy

Federal Court Finds that State Usury Laws Are Not a Fundamental Public Policy of the United States

The enforcement of a choice of law provision where a claim of usury is involved often turns on whether the interest rate set by the chosen state would violate the usury laws of the forum state. If they would, the court must determine … Continue reading

Posted in Arbitration, California, Choice-of-Law, Federal Court, Public Policy | Comments Off on Federal Court Finds that State Usury Laws Are Not a Fundamental Public Policy of the United States