Stoneridge Parkway Partners v. MW Housing Partners III, C052082
In suit against lender alleging secured loan was usurious, summary judgment for defendant-lender is affirmed over claim that the secured loan was not exempt from the constitutional usury prohibition as the broker was in effect the lender and was negotiating on its own behalf.
- Decided 08/03/2007
- Published 08/03/2007
- California Court of Appeal
- For Appellant:
- Wagner Kirkman Blaine Klomparens & Youmans, Douglas E. Kirkman, Roy R. Girard, Mather, and Colin S. Grahl for Plaintiff and Appellant.
- For Appellees:
- McDonough Holland & Allen and Michael T. Fogarty, Sacramento, for Defendants and Respondents.