Analysis and Interpretation of the Contract Between the Parties Resulted in a Settlement and Dismissal of Case for Less than 5% of the Complaint Amount
The Debtor, an automotive distribution company, entered into an agreement with the Defendant to become a domestic vehicle dealer. The Defendant deposited 50% of the total amount due, but the Debtor returned this deposit when the business opportunity fell through. After the Debtor filed for bankruptcy, the Trustee sued the Defendant for actual and constructive […]