IN RE LAWSON SQUARE, INC.

Bankruptcy No. FA85-146, Adv. No. CMS 86-162.

61 B.R. 145 (1986)

In re LAWSON SQUARE, INC., Debtor. FIRSTSOUTH, F.A., Plaintiff, v. LAWSON SQUARE, INC., Defendant.

United States Bankruptcy Court, W.D. Arkansas, Fayetteville Division.

May 14, 1986.


Attorney(s) appearing for the Case

James J. Glover, Little Rock, Ark., for debtor.

Richard L. Ramsay, Pine Bluff, Ark., for plaintiff.


MEMORANDUM OPINION

ROBERT F. FUSSELL, Bankruptcy Judge.

Pending before the Court for decision following the hearing in the above-styled matter on April 21, 1986, is the issue of whether the January 26, 1984 loan made by FirstSouth, F.A., ("FirstSouth") to Lawson Square, Inc., the debtor, is usurious. In order to resolve that issue it must first be determined whether the Depository Institutions Deregulation and Monetary Control Act of 1980 ("Monetary Control...

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