Order, Supreme Court, New York County (Francis A. Kahn, III, J.), entered on or about June 26, 2023, which insofar as appealed from, granted defendant Organization for Defense of Four Freedoms for Ukraine, Inc. (ODFFU)'s order to show cause seeking to preclude plaintiff from recovering compounded default interest, unanimously affirmed, without costs.
Supreme Court properly held that simple interest applies to the subject note because there is no express agreement...
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