sham contract
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 239 U.S. 568 - Home Bond Co. v. McChesney · 1916Most cited · 58 citing opinions
cover for usury
In so far as the contracts in question here use words fit for a contract of purchase, they are mere shams and devices to cover loans of money at usurious rates of interest. Loans are never regarded as services.
How often courts cite the case defining “sham contract”
Court decisions citing the opinion that defined “sham contract” — 56 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.