Rubin v. City National Bank & Trust Co.
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Weiss, J.
Plaintiffs, the widow and two executrices of the estate of Louis Rubin, commenced this action to recover $77,616.91 alleged to have been interest paid to defendant by Rubin and his wife in excess of the lawful, maximum rate. On June 28, 1980, the Rubins executed a $300,000 demand promissory note. Through July 3, 1985, defendant collected $179,108.83 as interest computed at varying rates. Since the note did not specify a particular rate of interest, plaintiffs maintain that defendant was only entitled to charge 6% per annum until June 25, 1981 and 9% per annum…
2Cases cited10 opinions
- Sega v. State of New YorkNew York Court of Appeals · 1983
- Washington Post Co. v. New York State Insurance DepartmentNew York Court of Appeals · 1984
- Giblin v. Nassau County Medical CenterNew York Court of Appeals · 1984
- Freitas v. Geddes Savings & Loan Ass'nNew York Court of Appeals · 1984
- Garcia v. City of New YorkNew York Court of Appeals · 1985
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3Cited by12 opinions
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- Clemens v. NealonAppellate Division of the Supreme Court of the State of New York · 1994
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- Walker v. DennisonAppellate Division of the Supreme Court of the State of New York · 2006
- Claim of Williams v. Van DerzeeAppellate Division of the Supreme Court of the State of New York · 1992
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