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Tag Archives: Creditor’s Rights

Debtor’s Fifth Amendment Claim Denied (access required)

A Hanover County Circuit Court denies defendant’s motion to quash a summons for debtor’s interrogatories and subpoena duces tecum, in which debtor asserts his Fifth Amendment right against self-incrimination. There is no blanket Fifth Amendment right to refuse to answer ...

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Produce Company’s Claim Proof Reconsidered (access required)

A Norfolk U.S. District Court reconsiders Poppell’s Produce’s proof of claim purporting to document unpaid receivables arising from produce sales to defendant Let-Us Produce Inc., and finds that Poppell’s has advanced a valid claim under the Perishable Agricultural Commodities Act. ...

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Produce Company’s Claim Proof Fails (access required)

A Norfolk U.S. District Court denies Poppell’s Produce’s proof of claim purporting to document unpaid receivables arising from produce sales to defendant Let-Us Produce Inc., because Poppell’s failed to meet the express requirements of the Perishable Agricultural Commodities Act and ...

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Floor-Plan Financer Wins Against Guarantors (access required)

Plaintiff Automotive Finance Corporation, which arranges floor-plan financing for several Northern Virginia used car dealers, wins summary judgment in an Alexandria U.S. District Court against defendant guarantors on promissory notes that funded defendant dealerships. Summary judgment will be entered in ...

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Court Awards ‘Reasonable’ Fee, Not Contract Fee (access required)

An inventory financing company that provides floor plan financing for used car dealers, and that won summary judgment against the guarantors of promissory notes for several Northern Virginia dealers, is not entitled to an attorney’s fee award of $473,422 under ...

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