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BLOOMING TERRACE NO. 1 v. KH BLAKE STREET

Supreme Court Case No. 17SC427.

444 P.3d 749 (2019)

2019 CO 58

BLOOMING TERRACE NO. 1, LLC, Petitioner v. KH BLAKE STREET, LLC, and Kresher Holdings, LLC, Respondents.

Supreme Court of Colorado.

June 17, 2019.

Attorney(s) appearing for the Case

Attorneys for Petitioner: Reilly Pozner LLP, John M. McHugh , Denver, Colorado.

Attorneys for Respondents: Moye White LLP, David A. Laird , Denver, Colorado.

Attorneys for Amici Curiae The Hispanic Chamber of Commerce of Metro Denver and The Colorado LGBTQ Chamber of Commerce: Childs McCune, LLC, Kyle W. Brenton , Denver, Colorado.

En Banc.

¶1 We granted certiorari to clarify the proper method for determining the effective rate of interest charged on a nonconsumer loan to ascertain whether that rate is usurious under Colorado law.1 We hold that the effective interest rate should be calculated by determining...

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