Banking & Finance Law Report

Tag Archives: Interest Method

Ohio Supreme Court overturns ruling in JNT Properties v. KeyBank

Commercial lenders will be glad to learn the Supreme Court of Ohio recently released a slip opinion overturning the Eighth District Court of Appeals’ decision in JNT Properties, LLC v. KeyBank, Nat’l Assoc. and concluding that KeyBank’s use of a "365/360" method of interest calculation in a commercial promissory note was not ambiguous. As previously … Continue Reading