Fried v. Bolanos
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Casey, J.
At issue on this appeal is whether Supreme Court erred in granting summary judgment to defendants based upon their claim that the transaction underlying plaintiffs action involved a usurious loan. We agree with plaintiff that questions of fact exist concerning the nature of the transaction and, therefore, Supreme Court’s order must be reversed.
Pursuant to a contract executed June 25, 1986, plaintiff agreed to purchase and defendants agreed to sell certain real property located in Sullivan County for $225,000. Plaintiff made a down payment of $22,500 and the…
2Cases cited7 opinions
- S. J. Capelin Associates, Inc. v. Globe Manufacturing Corp.New York Court of Appeals · 1974
- Giventer v. ArnowNew York Court of Appeals · 1975
- Freitas v. Geddes Savings & Loan Ass'nNew York Court of Appeals · 1984
- Feinberg v. Old Vestal Road Associates, Inc.Appellate Division of the Supreme Court of the State of New York · 1990
- Rickert v. Travelers InsuranceAppellate Division of the Supreme Court of the State of New York · 1990
2 more not listed; retrieve them via the Exa API.
3Cited by10 opinions
- Dopp v. YariDistrict Court, D. New Jersey · 1996
- Fried v. BolanosAppellate Division of the Supreme Court of the State of New York · 1995
- Gaither v. Saga Corp.Appellate Division of the Supreme Court of the State of New York · 1994
- Ayres v. PowerAppellate Division of the Supreme Court of the State of New York · 1997
- Ramee v. Weathervane SeafoodsAppellate Division of the Supreme Court of the State of New York · 2000
5 more not listed; retrieve them via the Exa API.