Adam Leitman Bailey, Dov Treiman, and Danny Ramrattan discuss the limited applicability of usury defenses. They write: “In all, this area of the law is deceptively simple and the resolution of any case will require a close examination of the intricacies of the particular matter.”
October 08, 2024 at 11:00 AM
14 minute read
New York imposes two separate rates for determining usury, a 16% rate for civil usury, and a 25% rate for criminal usury. On its face, it seems straightforward. However, when you investigate usury as a defense to charges of interest you will uncover that it does not have the universal applicability so generally assumed and that there are many exceptions to the civil usury limit.
Presented by BigVoodoo
The New York Law Journal honors attorneys and judges who have made a remarkable difference in the legal profession in New York.
This conference aims to help insurers and litigators better manage complex claims and litigation.
Recognizing innovation in the legal technology sector for working on precedent-setting, game-changing projects and initiatives.
Our client, a thriving personal injury firm known for its commitment to compassionate client care is seeking an attorney with 5+ years of ex...
McCarter and English s Chambers-ranked Government Contracts group is seeking an experienced, diligent, and proactive government contracts as...
The Court of Appeal, First Appellate District in San Francisco is accepting applications for a central staff attorney vacancy. A regular ful...
Credit: Feodora/Adobe Stock
