DEBRA A. JAMES, J.
The court shall grant plaintiffs' motion to dismiss defendants' counterclaims and deny plaintiffs' motion to dismiss defendants' affirmative defenses in this breach of contract action seeking payment upon a loan.
Plaintiffs argue defendants' counterclaim for usury is time-barred and that defendants cannot raise such a claim as a defense in this action. Defendants' counterclaim asserts that the interest rate of 12% per annum charged on the...
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