Skip to main content
· 12/9/1985

Armour v. Great Gildersleeves North, Inc.

Citations

  • 115 A.D.2d 516
  • 496 N.Y.S.2d 690
  • 1985 N.Y. App. Div. LEXIS 54923

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

  • “It is well settled that an agreement to pay interest at a higher rate in the event of a default or maturity is an agreement to pay interest and not a penalty . . . .”

Source: CourtListener parenthetical corpus (CC0).

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.