Milana v. Credit Discount Co.

How courts have described this case

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

• “[I]f [achieving a loan is] the intent of the parties the transaction will be deemed a loan regardless of its form.”
• “[I]f [achieving a loan is] the intent of the parties the transaction will be deemed a loan regardless of its form.”
• “The courts have been alert to pierce the veil of any plan designed to evade the usury law and in doing so to disregard the form and consider the substance.”
• \The courts have been alert to pierce the veil of any plan designed to evade the usury law and in doing so to disregard the form and consider the substance.\
• “The significant fact is that if the defendants had really purchased the accounts and had taken absolute title there would be no occasion for the provision or practice relating to guarantees of payment within specified periods-”
• \The significant fact is that if the defendants had really purchased the accounts and had taken absolute title there would be no occasion for the provision or practice relating to guarantees of payment within specified periods....\

Source: CourtListener parenthetical corpus (CC0).