Blogs

Daily Archives: Friday, November 2, 2018

Posted: November 2, 2018

Defendants Estopped From Raising Usury Defense

On October 17, 2018, Justice Ash of the Kings County Commercial Division issued a decision in Sasidharan v. Piverger, 2018 NY Slip Op. 32669(U), holding that defendants that arranged the terms of an investment were estopped from asserting a usury defense, explaining: Upon consideration of the foregoing, the Court finds that the Assoumou Defendants are… Read more »