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Home / Opinion Digests / Debtor induced to buy business based on inaccurate data (access required)

Debtor induced to buy business based on inaccurate data (access required)

Where the debtor was induced to buy a bagel business based upon inaccurate information provided by the seller, his objection to the seller’s claim for damages was sustained. But because the debtor received more value from the business than his investment he was awarded no damages. Background On April 4, 2014, debtors Khader and Nanette Azzouz entered ...