Beit Midrash
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- P'ninat Mishpat
Ruling:The halacha that ribbit that was paid returns to the debtor applies only in regard to a loan for which interest was set from the time of the loan (Shulchan Aruch, Yoreh Deah 161). While pl says this was the case, his claim is very surprising. Pl himself provided a letter of reference from a leading rabbi, who attests that pl is very careful not to compromise halacha and ethics in business and that he asks all sorts of business-related halachic questions to rabbis. How, then, can pl say that he violated a clear Torah law of agreeing to outright usury without bothering to use a heter iska? It is more likely that the deal, like most similar deals that pl was involved in, was an investment, not a loan.
The Shulchan Aruch and Rama (YD 168:25) say that if there is a disagreement between a borrower and lender over whether the borrower gave ribbit that needs to be returned or whether he did not give any or gave it in a manner that is permitted, the lender is believed without the need for an oath. There is a machloket if the exemption from an oath is only when the lender says he did it in a permitted way or even when he totally denies receiving interest (see Beit Yosef, ad loc.). In this case, though, there is no question that def received more money than he gave. The question is just whether it was done in a permitted manner, and there should be no need for an oath. In our case, def’s position is supported by the fact that pl usually deals in investments rather than loans and that their previous deal was of that nature.
There is also another possibility that supports def. Their deal was done in a very unorganized manner, with a lot of trust (until their relationship soured). Thus, even if the money was given as a loan, there is no certainty that a specific promise of actual profit was made.
For all of the above reasons, def does not have to return any of the money pl gave him in what appears to be an investment deal.
P'ninat Mishpat (802)
Various Rabbis
269 - Rent on Interim Period
270 - A Question of Interest
271 - Full Rent for a Not Up-to-Par Apartment
Load More
P'ninat Mishpat: A Seller with Questionable Rights to the Property – part I
based on ruling 84062 of the Eretz Hemdah-Gazit Rabbinical Courts
Beit Din Eretz Hemda - Gazit | Cheshvan 5786
P'ninat Mishpat: Problematic Lights?
based on appeal of ruling 84085 of the Eretz Hemdah-Gazit Rabbinical Courts
Beit Din Eretz Hemda - Gazit | Cheshvan 5786
P'ninat Mishpat: Using Car that Was Supposed to be Returned
based on ruling 84065 of the Eretz Hemdah-Gazit Rabbinical Courts
Beit Din Eretz Hemda - Gazit | Av 5785
P'ninat Mishpat: Smoking Rights in a Rental? – part III
based on ruling 85076 of the Eretz Hemdah-Gazit Rabbinical Courts
Beit Din Eretz Hemda - Gazit | Tishrei 5786
Various Rabbis
Various Rabbis including those of of Yeshivat Bet El, such as Rabbi Chaim Katz, Rabbi Binyamin Bamberger and Rabbi Yitzchak Greenblat and others.
Proper Foundations of the Home
Ein Aya Shabbat Chapter B Paragraph 192
Tevet 12 5777
Moreshet Shaul: A Crown and its Scepter – part II
Based on Siach Shaul, Pirkei Machshava V’Hadracha p. 294-5
Av 5785
A Husband’s Obligation in His Wife’s Loan
5775
