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CONTINENTAL MORTG. INVESTORS v. SAILBOAT KEY, INC.

No. 53490.

395 So.2d 507 (1981)

CONTINENTAL MORTGAGE INVESTORS, a Massachusetts Business Trust, Petitioner, v. SAILBOAT KEY, INC., a Florida Corporation, Respondent.

Supreme Court of Florida.

Rehearing Denied April 13, 1981.

Attorney(s) appearing for the Case

Thomas G. Schultz of Holland & Knight, Miami, for petitioner.

Richard L. Lapidus of Lapidus & Stettin, Miami, for respondent.

SUNDBERG, Chief Justice.

This petition for writ of certiorari arises from a money judgment awarded to Sailboat Key, Inc., a Florida borrower. The award was based on a claim that an interstate loan made by Continental Mortgage Investors, a Massachusetts business trust, violated Florida usury laws. Chapter 687, Fla. Stat. (1975). Though a myriad of issues was presented by both sides, we find the conflict of laws issue to be dispositive.1

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