Mercedes-Benz Credit Corp. v. WorldWide Trucks, Inc.

REYNALDO G. GARZA, Circuit Judge:

This case involves an appeal from a directed verdict on a counterclaim of usury under the laws of Texas. The judgment of the district court was in favor of plaintiff/counter-defendant Mercedes-Benz Credit Corporation (MBCC) and against defendants/counter-plaintiffs W orld Wide Trucks, Inc. (Worldwide) and Alamo Truck Center, Inc. (Alamo) (collectively “the dealerships”). After a careful review of the record and applicable Texas law, we AFFIRM the decision of the district court.1

FACTS

Appellants Worldwide and Alamo were wholesale truck dealerships. In 1977 and…