Legal Opinion
Nagin v. Long Island Savings Bank
New York Supreme Court
Decided May 19, 1982PublishedCited by 1 opinion
1Opinion of the Court
OPINION OF THE COURT
Howard E. Levitt, J.
Motion and cross motions for summary judgment are disposed of as hereinafter set forth.
*62Plaintiffs, owners of a condominium residence at The Greens of North Hills, located in North Hills, New York, seek to invalidate as allegedly usurious, a mortgage note and mortgage in the principal amount of $80,000 and bearing interest at the rate of 10%% per annum, which was executed in favor of defendant Long Island Savings Bank to secure a mortgage loan made in connection with said purchase. Plaintiffs initially sought class action status in order to represent…
2Cases cited11 opinions
- Howard v. WymanNew York Court of Appeals · 1971
- Mtr. of River Brand Rice Mills v. Latrobe Brew. Co.New York Court of Appeals · 1953
- Rankin v. ShankerNew York Court of Appeals · 1968
- Harbolic v. BergerNew York Court of Appeals · 1977
- Carter v. Frito-Lay, Inc.Appellate Division of the Supreme Court of the State of New York · 1980
6 more not listed; retrieve them via the Exa API.
3Cited by1 opinion
- Nagin v. Long Island Savings BankAppellate Division of the Supreme Court of the State of New York · 1984