Legal Opinion
Hillair Capital Investments, L.P. v. Integrated Freight Corp.
District Court, S.D. New York
Decided August 28, 2013No. 12 Civ. 7164 AKHPublishedCited by 17 opinions
1Opinion of the Court
ORDER GRANTING DEFENDANTS’ LEAVE TO AMEND ANSWER AND DENYING PLAINTIFF’S MOTION FOR SUMMARY JUDGMENT
ALVIN K. HELLERSTEIN, District Judge.
This case involves a hedge fund seeking to recover the money it lent to a financially struggling trucking company. That com*338pany acknowledges it has failed to pay back two loans, but asserts that the loans were invalid because they were usurious.
Background
In the fall of 2011, Plaintiff, a hedge fund, made two separate loans to Integrated Freight Systems (“IFC”), a freight and trucking company. The first, an “Original Issue Discount Senior Secured Convertible…
2Cases cited10 opinions
- Vito Milanese, Jr. And Suzanne Milanese v. Rust-Oleum CorporationCourt of Appeals for the Second Circuit · 2001
- Lloyd Capital Corp. v. Pat Henchar, Inc.New York Court of Appeals · 1992
- Brown v. . RobinsonNew York Court of Appeals · 1918
- Manfra, Tordella & Brookes, Inc. v. Francisco BungeCourt of Appeals for the Second Circuit · 1986
- Gandy Machinery, Inc. v. PogueAppellate Division of the Supreme Court of the State of New York · 1984
5 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- Madden v. Midland Funding, LLCDistrict Court, S.D. New York · 2017
- Blue Citi, LLC v. 5barz Int'l Inc.District Court, S.D. Illinois · 2018
- Schoolcraft v. City of New YorkDistrict Court, S.D. New York · 2013
- Adar Bays, LLC v. Genesys Id, Inc.District Court, S.D. Illinois · 2018
- LG Capital Funding, LLC v. 5Barz Int'l, Inc.District Court, E.D. New York · 2018
12 more not listed; retrieve them via the Exa API.