In Re Tastyeast, Inc.

How courts have described this case

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

• bankruptcy court retains equitable power to reduce non-usurious, contractual interest payable to a creditor when the amount sought is so disproportionate to the damages suffered by the obligee as to constitute a penalty for late payment
• liquidated damage provision unenforceable penalty

Source: CourtListener parenthetical corpus (CC0).