Can I read Angel Jose Warehousing vs. Chelda Enterprises Case on EtoBox?

Angel Jose Warehousing vs. Chelda Enterprises Case by Christiane Marie Bajada is a document available to read on EtoBox.

What is Angel Jose Warehousing vs. Chelda Enterprises Case about?

This document summarizes a court case regarding a loan with usurious interest charges. The court found that while the interest charges were usurious and illegal, the principal amount of the loan could still be recovered. The court affirmed previous rulings that a loan with usurious interest is not totally void, but rather just the interest charges are void. The court determined that the principal debt and interest stipulations in a loan are divisible, so the illegality of the interest does not invalidate th

Author

Christiane Marie Bajada

Language

EN