Brick Business Law wins Summary Final Judgment in Business Litigation Case

On January 15, 2018, Brick Business Law won a summary judgment motion for approximately $75,000 on behalf of the Plaintiff in the case of Lozon v. FFR Global Inc., et al.  The damages awarded included approximately $10,000 in attorney’s fees and costs. The case involved a business financing arrangement between a Colorado distributor and a Florida supplier.  The complex structure applied credits, set-offs, interest and payments on inventory shipments to an underlying promissory note entered between the parties.  The founder of the Defendant corporation dissolved the company without repaying the amounts owed pursuant to the financing arrangement.  Brick Business Law sued the dissolved corporation as well as the founder, seeking to pierce the corporate veil, and a guarantor.  The corporation and the founder eventually filed bankruptcy, leaving the guarantor as the sole source of recovery for Brick Business Law’s client. The guarantor…

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