Legal Opinion
Stickel v. Harris
California Court of Appeal
Decided November 24, 1987No. A035933PublishedCited by 1 opinion
1Opinion of the Court
Opinion
POCHÉ, J.
The issue presented is whether a loan bearing a 30 percent annual rate of interest obtained by a licensed real estate broker on behalf of himself and certain fellow partners and joint venturers is exempt from the interest limitations of the usury law.
Background
In December of 1980 Nancy Stickel was approached by Robert Butticci, a licensed real estate broker, with a short-term investment proposal. Butticci told Stickel that he and his partners Joseph Atencio and Joseph Harris wanted her to invest in a joint venture project involving the purchase of real estate on Corbett Avenue…
2Cases cited89 opinions
- In Re Marriage of BouquetCalifornia Supreme Court · 1976
- Estate of McDillCalifornia Supreme Court · 1975
- People v. CaudilloCalifornia Supreme Court · 1978
- White v. Western Title InsuranceCalifornia Supreme Court · 1985
- Penziner v. West American Finance Co.California Supreme Court · 1937
84 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Stickel v. HarrisCalifornia Court of Appeal · 1987