Ronald C. Cook v. Richard Frazier Book Reviews
Ronald C. Cook v. Richard Frazier by Second District, Fort Worth Court of Appeals of Texas Book Summary
This is a usury case. Ronald C. Cook and Cook Properties (Cook), appeal from summary judgment on the usury claims brought against them by Richard Frazier, Carol Frazier, and Richard and Carol Frazier Enterprises (Fraziers). The trial court found that the choice of law provisions contained in the parties contracts specifying that Utah law governed their agreements was a subterfuge to avoid the usury laws of Texas and that the contracts provided for interest in excess of twice the lawful rate and entered judgment in favor of the Fraziers for $4,340,517.30: three times the usurious interest contracted for, plus principal, interest and other charges of $58,219.08, totaling $4,398,736.38.
Book Name | Ronald C. Cook v. Richard Frazier |
Genre | Law |
Author | Second District, Fort Worth Court of Appeals of Texas |
Published | 15 February 1989, Wednesday |
Language | English |
E-Book Size | 64.69 KB |
Ronald C. Cook v. Richard Frazier (Second District, Fort Worth Court of Appeals of Texas) Book Reviews 2024
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Summary of Ronald C. Cook v. Richard Frazier by Second District, Fort Worth Court of Appeals of Texas
The Ronald C. Cook v. Richard Frazier book written by Second District, Fort Worth Court of Appeals of Texas was published on 15 February 1989, Wednesday in the Law category. A total of 6 readers of the book gave the book 0 points out of 5.
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