United States Fifth Circuit

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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.

Appellate Information

  • Decided 07/01/2003
  • Published 07/23/2003

Judges

  • EDITH H. JONES, Circuit Judge:, Before JONES, WIENER, and DeMOSS, Circuit Judges.

Court

  • United States Fifth Circuit

Counsel

  • 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.