Legal Opinion

Allstar Capital, Inc. v. Curry

New York Supreme Court

Decided May 18, 2010Published

1Opinion of the Court

OPINION OF THE COURT

Jane S. Solomon, J.

Plaintiff Allstar Capital, Inc. moves for an order pursuant to CPLR 5226 compelling defendant Eddy A. Curry, Jr. to make installment payments in the amount of $75,000 per month in satisfaction of a judgment debt. The motion is granted as follows.

Facts

On February 22, 2008, while in Nevada, Curry obtained a loan from Allstar in the amount of $570,000 at the interest rate of 84.36% per annum, with a maturity date of July 3, 2008. In the event of a default, the interest rate would increase to 89.36% per annum. Curry defaulted. On November 25, 2008, Allstar…

2Cases cited3 opinions

  1. Bergman v. BuechlerAppellate Division of the Supreme Court of the State of New York · 1937
  2. Widder Bros. v. KaffeeAppellate Division of the Supreme Court of the State of New York · 1963
  3. Kaufman v. KaufmanAppellate Division of the Supreme Court of the State of New York · 1968

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