Orden v. Crawshaw Mortgage & Investment Co.

How courts have described this case

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

• rule giving retroactivity to statutes repealing usury laws is an application of the well established principle that no person has a vested right in an unenforced statutory penalty or forfeiture
• rule giving retroactivity to statutes repealing usury laws is an application of the well-established principle that no person has a vested right in an unenforced statutory penalty or forfeiture
• “statutes which repeal or modify usury laws are to be given retrospective effect to determine the scope of liability with respect to transactions entered into prior to such repeal or modification”
• remedies are in nature of a penalty

Source: CourtListener parenthetical corpus (CC0).