Please ensure Javascript is enabled for purposes of website accessibility
Home / Opinion Digests / Business Law / Judgment entered against former car dealership  (access required)

Judgment entered against former car dealership  (access required)

Where a former Woodstock car dealership breached the terms of a master loan agreement by not making timely payments and not holding sale proceeds in trust, and the dealership and its guarantor failed to respond to the complaint, both are jointly and severally liable for the $639,863.14 judgment, which includes the remaining loan balance, attorneys’ ...