MCA Usury Decision, or is it?
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  1. #1
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    MCA Usury Decision, or is it?

    Not so fast, but very interesting with sorta, kinda, splitting the baby thing that's been going on nonetheless. The posture is standoffish, as it probably should be, but holds open the right to argue usury under the proper procedural framework -- handed down regarding LG Funding case in the NY 2nd Dept Appeals Division today from a panel including the PJ Scheinkman:

    http://www.nycourts.gov/courts/AD2/H...ons/D62365.pdf

  2. #2
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    Quote Originally Posted by HDF View Post
    Not so fast, but very interesting with sorta, kinda, splitting the baby thing that's been going on nonetheless. The posture is standoffish, as it probably should be, but holds open the right to argue usury under the proper procedural framework -- handed down regarding LG Funding case in the NY 2nd Dept Appeals Division today from a panel including the PJ Scheinkman:

    http://www.nycourts.gov/courts/AD2/H...ons/D62365.pdf
    HDF, sorry can you explain what happened? I couldn't figure it out.

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