HILLAIR CAPITAL INVESTMENTS v. INTEGRATED FREIGHT

No. 12 Civ. 7164 AKH.

963 F.Supp.2d 336 (2013)

HILLAIR CAPITAL INVESTMENTS, L.P., Plaintiff, v. INTEGRATED FREIGHT CORPORATION, Smith Systems Transport, Inc., Morris Transport, Inc., Cross Creek Trucking, Inc., Paul Henley, Henry P. Hoffman and Matthew A. Veal, Defendants.

United States District Court, S.D. New York.

August 28, 2013.


Attorney(s) appearing for the Case

Jordan Danforth Wolff , Ted Poretz , Bingham McCutchen LLP, New York, NY, for Plaintiff.

Thomas Donald Atkinson , Ledwith & Atkinson, Attorneys, Lynbrook, NY, for Defendants.


ORDER GRANTING DEFENDANTS' LEAVE TO AMEND ANSWER AND DENYING PLAINTIFF'S MOTION FOR SUMMARY JUDGMENT

ALVIN K. HELLERSTEIN, District Judge.

This case involves a hedge fund seeking to recover the money it lent to a financially struggling trucking company. That company acknowledges it has failed to pay back two loans, but asserts that the loans were invalid because they were usurious.

Background...

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