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Litton v Mendoza: Compromise Agreement Dispute by Duve Laine is a document available to read on EtoBox.

What is Litton v Mendoza: Compromise Agreement Dispute about?

The document discusses a case regarding a dispute over payment for cotton materials. A company purchased cotton on credit and issued checks to pay for it. The checks bounced. The seller then assigned the debt to another party as collateral. Later, the original parties entered a compromise agreement, but the compromise was challenged because of the previous assignment. The court ultimately invalidated the compromise agreement, finding that it was entered into in bad faith and without notice to the assignee.

Author

Duve Laine

Language

EN