Consumer Protection – Lottery Proceeds – Loan Collateral

By Deborah Elkins
Published: August 18, 2008

On remand from the Supreme Court of Virginia, a Fairfax Circuit Court applies Utah law to construe a loan agreement in which a Virginia State Lottery winner pledged her winnings as collateral for a loan, and because Utah does not recognize an affirmative defense of usury and had a default rate of prejudgment interest ...

Login required


You have clicked on a link to information that is exclusive to VA Lawyers Weekly subscribers.

	User Name/E-mail: Password:	Already a paid subscriber but not registered for online access yet? For instructions on how to get premium web access, click here. Forgot Password?

Interested in Subscribing?

Start by choosing how you'd like your news delivered. (Roll mouse over pictures below)

- Print and Online -

- Online Only -

< Domestic Relations – Fraud On Court – Divorce Decree Vacatur
Judge rejects challenge to Accomack assessments >

Comments

You must be logged in to post comments.

Virginia Lawyers Weekly