Legal Opinion
Dikeou v. Dikeou
Supreme Court of Colorado
Decided December 9, 1996No. 95SC699PublishedCited by 17 opinions
1Opinion of the Court
Justice MÜLLARKEY
delivered the Opinion of the Court.
We granted certiorari to review the court of appeals’ decision to Dikeou v. Dikeou, 916 P.2d 601 (Colo.App.1995).1 The court of appeals held that late charges of a set dollar amount per day which were provided to a contract for a nonconsumer loan secured by a promissory note were impermissible penalties that are unenforceable under Colorado law. Because we now conclude that the late charges in this case are properly characterized as “default interest” and are reasonable as analyzed under the nonconsumer loan usury statute at section…
2Cases cited15 opinions
- Smiley v. Citibank (South Dakota), N. A.Supreme Court of the United States · 1996
- Greenwood Trust Company v. Commonwealth of MassachusettsCourt of Appeals for the First Circuit · 1992
- Snyder Oil Co. v. EmbreeSupreme Court of Colorado · 1993
- Perino v. JarvisSupreme Court of Colorado · 1957
- City & County of Denver v. RinkerSupreme Court of Colorado · 1961
10 more not listed; retrieve them via the Exa API.
3Cited by17 opinions
- In re the Marriage of ChalatSupreme Court of Colorado · 2005
- Sooper Credit Union v. Sholar Group Architects, P.C.Supreme Court of Colorado · 2005
- Hytken v. WakeColorado Court of Appeals · 2002
- Dupont v. PrestonColorado Court of Appeals · 2000
- Terrace No. 1, LLC v. KH Blake Street, LLC—Statutory InterpretationSupreme Court of Colorado · 2019
12 more not listed; retrieve them via the Exa API.