Legal Opinion
Island Finance of the Virgin Islands v. Frett
Supreme Court of The Virgin Islands
Decided August 21, 1984No. Civil Nos. 388/1979, 1191/1981PublishedCited by 4 opinions
1Opinion of the CourtFeuerzeig, Judge
MEMORANDUM OPINION
These cases are before the court to determine the appropriate measure of damages and sanctions to be imposed against the plaintiff, Island Finance of the Virgin Islands (Island Finance), for making a loan that violates local and federal law.1 The court concludes that the Virgin Islands Small Loan Law, 9 V.I.C. § 181 et seq. (1982), and the Federal Truth-in-Lending Act, 15 U.S.C. § 1601 et seq. (1970), apply to this matter, and that the Virgin Islands Usury Law, 11 V.I.C. § 951 et seq. (1982), is not applicable.
I
The undisputed facts are that Island Finance and the defendant…
2Cases cited11 opinions
- Hensley v. EckerhartSupreme Court of the United States · 1983
- Edwin Grant and Lauretta Grant Johnson v. Imperial Motors, Nathaniel Johnson v. Imperial Motors, Johnnie Mae Gordon v. Backus Cadillac-Pontiac, Inc.Court of Appeals for the Fifth Circuit · 1976
- Pereira v. New England LNG Co., Inc.Massachusetts Supreme Judicial Court · 1973
- Hector Avila Estien, an Infant by His Next Friend, Mariano Estien v. Clifford ChristianCourt of Appeals for the Third Circuit · 1975
- Bookhart v. Mid-Penn Consumer Discount Co.District Court, E.D. Pennsylvania · 1983
6 more not listed; retrieve them via the Exa API.
3Cited by4 opinions
- H.I. Construction, LLC v. Bay Isles Associates, LLLPSuperior Court of The Virgin Islands · 2010
- Bryan v. AbramsonSuperior Court of The Virgin Islands · 2010
- Peters v. Channel 8 (WSVI)Supreme Court of The Virgin Islands · 1994
- ITT Financial Corp. v. JohnsSupreme Court of The Virgin Islands · 1992