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Home / Opinion Digests / Commercial – Assignee Not A Holder – No Indorsement – Reversal (access required)

Commercial – Assignee Not A Holder – No Indorsement – Reversal (access required)

After plaintiff paid to cover two checks honored by the payee's bank then dishonored by the drawee-bank due to insufficient funds, plaintiff was not entitled to recover from the drawer of the two checks, which had been completed except for the amount and issued to plaintiff's debtor, because plaintiff was not a holder of the ...

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