Pacific Eastern Corporation v. Golf Life Book Reviews

AUTHOR
Seventh District, Amarillo Court of Civil Appeals of Texas
SCORE
0
TOTAL RATINGS
14

Pacific Eastern Corporation v. Golf Life by Seventh District, Amarillo Court of Civil Appeals of Texas Book Summary

This appeal involves a 1971 lending transaction relating to the development of a Nashville hotel. The borrower filed suit in 1993 in the Chancery Court for Davidson County against nine defendants, including the original lender and its assignees, seeking to invalidate the transaction on the grounds of usury. The trial court dismissed the complaint against seven of the defendants on the ground that the statute of limitations for usury had expired. It also found that the complaint failed to state a claim against two of the seven defendants because the borrowers payments to these defendants were not interest. The borrower has appealed. We have determined that the proponents of the summary judgment have not demonstrated that they are entitled to a judgment as a matter of law, and therefore, we vacate the summary judgment.

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Book Name Pacific Eastern Corporation v. Golf Life
Genre Law
Published
Language English
E-Book Size 76.68 KB

Pacific Eastern Corporation v. Golf Life (Seventh District, Amarillo Court of Civil Appeals of Texas) Book Reviews 2024

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Summary of Pacific Eastern Corporation v. Golf Life by Seventh District, Amarillo Court of Civil Appeals of Texas

The Pacific Eastern Corporation v. Golf Life book written by Seventh District, Amarillo Court of Civil Appeals of Texas was published on 31 March 1995, Friday in the Law category. A total of 14 readers of the book gave the book 0 points out of 5.

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