In Adar Bays, LLC v. GeneSYS ID, Inc., the New York Court of Appeals (the “Court”) held that the conversion price in a convertible option could be classified as interest thereby potentially falling under the territory of New...more
12/22/2021
/ Breach of Contract ,
Commercial Loans ,
Common Stock ,
Consumer Financial Products ,
Contract Terms ,
Conversion ,
Convertible Notes ,
Criminal Liability ,
Interest Rates ,
New York ,
Usury
In Ashland LLC v. Samuel J. Heyman 1981 Continuing Trust for Lazarus S. Heyman (Del. Super. Ct. Nov. 10, 2020), the Complex Commercial Litigation Division of the Delaware Superior Court held that parties to a contract are...more