Basiliko v. Royal National Bank of New York

In this case appellant, Nick Basiliko (Basiliko), complains because of entry of judgment against him in fa vor of appellee, Royal National Bank of New York (Bank), for $462,225.99 with interest at 6% from January 29, 1971, “on the outstanding balance.”

This judgment was actually made up of $388,093.63 debt, $13,842.01 interest and $60,290.35 attorney’s fees, the latter figure being 15% of combined debt and interest. The attorney’s fees did not appear as a separate item, but were included in the total. In thus entering the judgment the admonition of this Court in Webster v. Peoples Loan etc.,…