SETTLEMENT FUNDING v. VON NEUMANN-LILLIE

Record No. 061373.

645 S.E.2d 436 (2007)

SETTLEMENT FUNDING, LLC v. Carla VON NEUMANN-LILLIE.

Supreme Court of Virginia.

June 8, 2007.


Attorney(s) appearing for the Case

Stephen E. Heretick, for appellant.

Thomas R. Breeden, Manassas, for appellee.

Present: All the Justices.


OPINION BY Justice ELIZABETH B. LACY.

In this appeal we consider whether the circuit court erred in refusing to apply the law of the jurisdiction stipulated in the choice of law provision of a contract and in its application of Virginia's usury law to the provisions of that contract.

FACTS

On November 12, 1996, Carla Von Neumann-Lillie (Lillie) redeemed a winning ticket in the "Money for Life" instant win game of the Virginia Lottery. The prize was...

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