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BANDAS v. CITIZENS STATE BANK

No. C7-87-1184.

412 N.W.2d 818 (1987)

Joseph J. BANDAS, et al., Appellants, v. CITIZENS STATE BANK OF SILVER LAKE, et al., Respondents.

Court of Appeals of Minnesota.

Review Granted November 24, 1987.

Attorney(s) appearing for the Case

Scott B. Lundquist, Austin & Roth, Michael D. Miller, Minneapolis, for appellants.

Reed Harley Glawe, New Ulm, for respondents.

Heard, considered and decided by CRIPPEN, P.J., and LESLIE and LOMMEN, JJ.

OPINION

A. PAUL LOMMEN, Judge.

Appellants challenge a judgment dismissing their claims that allege respondents charged usurious interest rates and engaged in a pattern of racketeering. We affirm the trial court's decision on the usury claims as to 17 of 18 loan obligations and reverse as to one loan obligation. We affirm the trial court's decision regarding the racketeering claim.

FACTS

Between January 10, 1983 and June 5, 1985, appellants...

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