Legal Opinion

Sherman v. Citibank (South Dakota), N.A.

Supreme Court of New Jersey

Decided November 28, 1995PublishedCited by 20 opinions

1Opinion of the CourtHandler, J.

In this case, as in the companion case of Hunter v. Greenwood Trust Co., 143 N.J. 97, 668 A.2d 1067, (1995) rev’g 272 N.J.Super. *44526, 640 A.2d 855 (1994), also decided today, New Jersey credit-card customers contend that New Jersey’s usury laws prohibit banks that issue those cards from charging late-payment fees to New Jersey customers.

The issues before us are more specifically framed by the claims and defenses of the respective parties. Plaintiff, as a named party in a class-action suit, challenges the legality of the late-payment fees that are charged to New Jersey holders of defendant…

2Cases cited56 opinions

  1. Chevron U. S. A. Inc. v. Natural Resources Defense Council, Inc.Supreme Court of the United States · 1984
  2. Marbury v. MadisonSupreme Court of the United States · 1803
  3. M'culloch v. State of MarylandSupreme Court of the United States · 1819
  4. Immigration & Naturalization Service v. Cardoza-FonsecaSupreme Court of the United States · 1987
  5. Udall v. TallmanSupreme Court of the United States · 1965

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3Cited by20 opinions

  1. Smiley v. Citibank (South Dakota), N. A.Supreme Court of the United States · 1996
  2. Lemelledo v. Beneficial Management Corp. of AmericaSupreme Court of New Jersey · 1997
  3. McCullar v. UNIV. UNDERWRITERS LIFE INS.Supreme Court of Alabama · 1996
  4. Gallenthin Realty Development, Inc. v. Borough of PaulsboroSupreme Court of New Jersey · 2007
  5. Matturri v. Board of Trustees of the Judicial Retirement SystemSupreme Court of New Jersey · 2002

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