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Home / Opinion Digests / Civil Procedure – Choice Of Law – Usury Law – Lottery Winnings (access required)

Civil Procedure – Choice Of Law – Usury Law – Lottery Winnings (access required)

A Virginia lottery winner who borrowed $29,000 from WebBank, in an arrangement with a loan agreement governed by Utah law and an assignment of her lottery winnings to Settlement Funding LLC, and who later sued for usury when she learned two years later that the loan payoff amount was $67,023, has her judgment and award ...

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