Prince v. Lee Proofing Co.

How courts have described this case

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

• explaining that § 7-4-16 gives a commercial creditor the “option to set whatever interest rate he wishes after default up to the limit specified”
• 18% interest on a commercial account unavailable where the “plaintiff at no time prior to trial indicated an intention to seek 18% interest”
• pre-judgment interest not available where creditor asked for 1 1/2 percent interest per month for the first time in jury instruction

Source: CourtListener parenthetical corpus (CC0).