MARC SHERMAN, ON BEHALF OF HIMSELF AND ALL OTHERS AND ALL OTHERS SIMILARLY SITUATED, PLAINTIFF-APPELLANT,
v.
CITIBANK (SOUTH DAKOTA), N.A., DEFENDANT-RESPONDENT.
The Supreme Court of New Jersey.https://leagle.com/images/logo.png
Argued February 15, 1995.
Decided November 28, 1995.
Attorney(s) appearing for the Case
Michael D. Donovan, a member of the Pennsylvania bar, argued the cause for appellant (Spector Gadon & Rosen, attorneys; Mr. Donovan and Ann Miller, a member of the Pennsylvania bar, of counsel; Mr. Donovan, Ms. Miller, Paul R. Rosen, and Robert L. Grundlock, Jr., on the briefs).
Louis R. Cohen, a member of the District of Columbia bar, argued the cause for respondent (Dechert Price & Rhoads, attorneys; Mr. Cohen, George G. O'Brien, Matthew V. DelDuca, and Robert D. Rhoad, on the briefs).
Marilyn A. Bair, Deputy Attorney General, argued the cause for amicus curiae Attorney General of New Jersey (James J.Ciancia, Acting Attorney General, attorney; Andrea M. Silkowitz, Assistant Attorney General, of counsel).
Richard P. Jacobson submitted a brief on behalf of amici curiae The States of Arizona, Delaware, Louisiana, Nevada, Ohio, South Dakota, and Utah (Dunn, Pashman, Sponzilli, Swick & Finnerty, attorneys).
Irene E. Dowdy, Assistant United States Attorney, submitted a brief on behalf of amicus curiae Office of the Comptroller of the Currency (Faith S. Hochberg, United States Attorney, attorney).
Charles N. Riley submitted a brief on behalf of amicus curiae Consumer Action (Tomar, Simonoff, Adourian & O'Brien, attorneys).
Charles N. Riley submitted a brief on behalf of amici curiae the State of Hawaii, Iowa, Maryland, Massachusetts, Pennsylvania, South Carolina, Vermont, West Virginia, and Wisconsin (Tomar, Simonoff, Adourian & O'Brien, attorneys).
Mark L. First submitted a brief on behalf of amicus curiae Mellon Bank (DE), N.A. (Reed, Smith, Shaw & McClay, attorneys).
Dennis R. Casale submitted a brief on behalf of amici curiae The New Jersey Bankers Association, American Bankers Association, American Financial Services Association and Consumer Bankers Association (Jamieson, Moore, Peskin & Spicer, attorneys).
Jeffrey M. Keiser submitted a brief on behalf of amici curiae Trial Lawyers for Public Justice, P.C., and Bankcard Holders of America, Inc.
Michael J. Dunne submitted a brief on behalf of amici curiae Visa U.S.A., Inc., and Mastercard International Incorporated (Pitney, Hardin, Kipp & Szuch, attorneys).
The Supreme Court of New Jersey.
HANDLER, J.
In this case, as in the companion case of Hunter v. Greenwood Trust Co.,143 N.J. 97, 668 A.2d 1067, (1995) rev'g272 N.J.Super. 526, 640 A.2d 855 (1994), also decided today, New Jersey credit-card customers contend that New Jersey's usury laws prohibit banks...
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