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CHARLOTTE GUYER & ASSOCIATES v. FRANKLIN FACTORS

Docket No. 25905.

211 Cal.App.2d 690 (1963)

27 Cal. Rptr. 575

CHARLOTTE GUYER & ASSOCIATES, Plaintiff, Cross-defendant and Appellant, v. FRANKLIN FACTORS et al., Defendants, Cross-complainants and Respondents.

Court of Appeals of California, Second District, Division Four.

January 10, 1963.

Attorney(s) appearing for the Case

Moidel, Moidel, Moidel & Smith and Leonard Smith for Plaintiff, Cross-defendant and Appellant.

Harry A. Fry and Maurice Rose for Defendants, Cross-complainants and Respondents.

BURKE, P.J.

Plaintiff sued for an accounting, damages for usury arising from successive agreements to factor accounts receivable, and damages for breach of contract based on revocation of a check drawn by defendant in favor of plaintiff. The court found the first factoring agreement to be usurious but held the second free of the taint. Damages for revocation of the check were refused. Thereupon, the court struck a balance on the accounting in favor of plaintiff. Being...

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