Legal Opinion
Consolidated Jewelers, Inc. v. Standard Financial Corporation
Court of Appeals for the Sixth Circuit
Decided December 5, 1963No. 15173PublishedCited by 16 opinions
1Opinion of the Court
PHILLIPS, Circuit Judge.
This case involves a contract for the lending of money by appellee, a New York corporation, to appellant, a Kentucky corporation. The principal issue presented on this appeal is whether the contract is governed by the laws of Kentucky, under which the prescribed rate of interest is usurious, 1 or by the laws of New York, under which the rate of interest is lawful. 2
Appellant operates retail credit jewelry stores in Louisville, Kentucky. Ninety-five per cent of its business consists of installment sales. Appellee is a commercial financial institution incorporated under…
2Cases cited18 opinions
- Klaxon Co. v. Stentor Electric Manufacturing Co.Supreme Court of the United States · 1941
- Seeman v. Philadelphia Warehouse Co.Supreme Court of the United States · 1927
- Charlotte D. Sheerin, Administratrix of the Estate of William James Sheerin, Deceased v. Samuel E. SteeleCourt of Appeals for the Sixth Circuit · 1957
- Bennett v. Consolidated Realty CompanyCourt of Appeals of Kentucky (pre-1976) · 1928
- Frank S. Blackford, as Trustee in Bankruptcy of Munro-Van Helms Company v. Commercial Credit CorporationCourt of Appeals for the Fifth Circuit · 1959
13 more not listed; retrieve them via the Exa API.
3Cited by16 opinions
- Boatland, Inc. And Robert L. Moore v. Brunswick CorporationCourt of Appeals for the Sixth Circuit · 1977
- White v. Winchester Land Development Corp.Court of Appeals of Kentucky · 1979
- Continental Mortg. Investors v. Sailboat Key, Inc.Supreme Court of Florida · 1981
- Ury v. Jewelers Acceptance Corp.California Court of Appeal · 1964
- Inter-Continental Promotions, Inc. v. William B. MacDonald Jr., and New Amsterdam Casualty CompanyCourt of Appeals for the Fifth Circuit · 1966
11 more not listed; retrieve them via the Exa API.