Morningside Fuel Corp. v. Lanius
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
—Judgment, Supreme Court, Bronx County (Joseph Giamboi, J.), entered June 4, 1996, after a nonjury trial, which, inter alia, granted plaintiff interest of 9% on its award, and held the individual defendant Lanius personally liable, unanimously modified, on the law, to award plaintiff interest at the rate of 18% annually, and otherwise affirmed, without costs.
In this action to recover the balance due on fuel oil deliveries and services rendered to defendants, defendants did not object to the provision on the invoices that a finance charge of 18% annually would be imposed on balances unpaid for…
2Cases cited3 opinions
- Morris v. New York State Department of Taxation & FinanceNew York Court of Appeals · 1993
- Citibank v. LiebowitzAppellate Division of the Supreme Court of the State of New York · 1985
- Secular v. Royal Athletic Surfacing Co.Appellate Division of the Supreme Court of the State of New York · 1978
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