Legal Opinion
Hufnagel v. George
District Court, S.D. New York
Decided February 26, 2001No. 00 CIV 0331(CM)(GAY)PublishedCited by 7 opinions
1Opinion of the Court
ORDER VACATING PRIOR DECISION AND DISMISSING COMPLAINT
MCMAHON, District Judge.
On November 3, 2000, this Court entered an order granting summary judgment to plaintiff, directing that defendant repay plaintiff the sum of $250,000 that he had borrowed from plaintiff, together with interest at the rate stipulated in the agreement between the parties — which rate the Court found to be 480%, given the amount of interest stipulated in that Agreement ($100,000) and the duration of the loan (30 days). The Court reached this uncomfortable result after concluding that Sec. 5-501(6)(a) of New York’s…
2Cases cited9 opinions
- Seidel v. 18 East 17th Street Owners, Inc.New York Court of Appeals · 1992
- Szerdahelyi v. HarrisNew York Court of Appeals · 1986
- In re the Estate of DaneAppellate Division of the Supreme Court of the State of New York · 1976
- Hammond v. MarranoAppellate Division of the Supreme Court of the State of New York · 1982
- Angelo v. BrennerAppellate Division of the Supreme Court of the State of New York · 1982
4 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- In Re Venture Mortgage Fund, L.P., David Schick, Venture Mortgage Corp. And a & D Trading Group, L.L.C. Debtors, Theodore Brodie and Atassco v. John F. Schmutz, as Chapter 11 Trustee for the Estate of Venture Mortgage Fund, L.P. And Aurora Cassirer, as Chapter 11 Trustee for the Estate of David Schick and Venture Mortgage Corp.Court of Appeals for the Second Circuit · 2002
- Global View Ltd. Venture Capital v. Great Central Basin Exploration, L.L.C.District Court, S.D. New York · 2003
- Bristol Investment Fund, Inc. v. Carnegie International Corp.District Court, S.D. New York · 2003
- Ammirato v. Duraclean International, Inc.District Court, E.D. New York · 2010
- Brodie v. SchmutzCourt of Appeals for the Second Circuit · 2002
2 more not listed; retrieve them via the Exa API.