IN THE MATTER OF CPDC, INC., 02-20197
Defendants timely cured alleged violations of the Texas usury statute, which affords a creditor 60 days to cure from the date when the creditor subjectively knows or recognizes that a contract violates Texas usury law.
- Decided 07/01/2003
- Published 07/23/2003
- EDITH H. JONES, Circuit Judge:, Before JONES, WIENER, and DeMOSS, Circuit Judges.
- United States Fifth Circuit
- For Appellant:
- Leonard Harvey Simon (argued), Hughes, Watters & Askanase, Houston, TX, for Appellants.
- For Appellees:
- Kimberly R. Phillips (argued), Gardere Wynne Sewell, Houston, TX, Cynthia C. Hollingsworth, John Carroll Nabors, Gardere Wynne Sewell, Dallas, TX, for Appellees.