Venture Properties, Inc. v. First Southern Bank

FAGG, Circuit Judge.

Venture Properties, Inc. (Venture) appeals following a jury verdict in favor of First Southern Bank (First Southern) on Venture’s usury claim. We affirm.

Venture owed a total of about $2 million on two promissory notes. After the notes came due and Venture was unable to pay, the creditors holding the notes offered to accept $1.3 million in full satisfaction of the debts if Venture could make the payment by the end of the year. Because Venture did not have $1.3 million available, Venture worked out a special arrangement with First Southern, an Arkansas bank. First Southern…