Legal Opinion
Cohen v. District of Columbia National Bank
District Court, District of Columbia
Decided March 27, 1974No. Civ. A. 2110-69PublishedCited by 2 opinions
1Opinion of the Court
OPINION
GASCH, District Judge.
This matter came before the Court upon cross-motions for partial summary judgment. This hearing, in effect, is to determine the first substantive issue in this cause of action: was the method by which defendant District of Columbia National Bank (the Bank) computed interest on the personal, unsecured installment loans of plaintiffs David and Carla Cohen and Susan Davis usurious due to the Bank’s failure to take the declining balance of principal into consideration? 1
As will be seen, this question has broad ramifications, particularly since the named plaintiffs…
2Cases cited45 opinions
- Fleckner v. President of the Bank of the United StatesSupreme Court of the United States · 1823
- Renner v. Bank of ColumbiaSupreme Court of the United States · 1824
- Story v. LivingstonSupreme Court of the United States · 1839
- Mills v. Bank of United StatesSupreme Court of the United States · 1826
- PRESIDENT AND DIRECTORS OF THE BANK OF WASHINGTON v. Triplett & NealeSupreme Court of the United States · 1828
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3Cited by2 opinions
- Torosian v. National Capital Bank of WashingtonDistrict Court, District of Columbia · 1976
- Guccione v. First Federal Sayings & Loan Ass'n of Suffern (In Re Guccione)United States Bankruptcy Court, S.D. New York · 1984