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INDIAN LAKE ESTATES, INC. v. TEN INDIVIDUAL DEFENDANTS

No. 18586.

350 F.2d 435 (1965)

INDIAN LAKE ESTATES, INC., Appellant, v. TEN INDIVIDUAL DEFENDANTS, Net Limited, Inc., and Special Investments, Inc., Appellees.

United States Court of Appeals District of Columbia Circuit.

Decided August 4, 1965.

Petition for Rehearing Denied October 7, 1965.

Attorney(s) appearing for the Case

Mr. Ralph E. Becker, Washington, D. C., with whom Mr. F. Murray Callahan, Washington, D. C., was on the brief, for appellant.

Mr. David G. Bress, Washington, D. C., with whom Mr. J. H. Krug, Washington, D. C., was on the brief, for appellees Ten Individual Defendants and Net Limited, Inc.

Mr. Albert Philipson, Washington, D. C., was on the brief for appellee Special Investments, Inc.

Before WILBUR K. MILLER, Senior Circuit Judge, and FAHY and DANAHER, Circuit Judges.

DANAHER, Circuit Judge:

We earlier reversed a judgment which had been entered in favor of the appellees in Indian Lake Estates, Inc. v. Lichtman.1 We then deemed "not susceptible of disposition by summary judgment" the appellant's claims that the appellees had violated the usury statute, D.C. CODE § 28-2703 (1961), "by charging interest in excess of 8%" and the so-called "Loan Shark Law," D.C.CODE §§ 26-601 to 26-611 (1961...

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