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Home / Opinion Digests / Business Law / Lender’s First-Refusal & Fraud Claims Advance (access required)

Lender’s First-Refusal & Fraud Claims Advance (access required)

A Fairfax Circuit Court says a plaintiff who made a loan to defendant corporation, in exchange for a promissory note and right of first refusal to purchase the company’s assets, can sue for fraudulent conveyance and intentional interference with his right of first refusal after defendant corporation effectively sold all its assets to another defendant. Defendant ...

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