Quantcast
Don't Miss
Home / Opinion Digests / Business Law / Creditor’s Rights – Equipment Leases – Default – Insolvency – FRE 408 (access required)

Creditor’s Rights – Equipment Leases – Default – Insolvency – FRE 408 (access required)

A Richmond U.S. District Court grants summary judgment to plaintiff financial services company against a defendant who admits defaulting on multiple equipment leases, for a balance due of over $1.4 million. Plaintiff company alleges defendant has not made monthly payments under the leases since at least June 1, 2009, and that this constitutes a default under ...

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

 

Scroll To Top