FTC presses for preliminary judgment against IFC Illinois Eastern District Judge Joan B. Gotschall extended the final deadline for briefs on Morton Grove,...
Wow, what an earful that Decision was! As I understand it, the request for dismissal was denied simply because the fraud committed when the ERA was signed...
Hi David, I agreed pretty much with Rich's posted. My elaboration won't be as good though. I normally understand the general idea of the ruling but I also need...
As I have said before, it appears that most litigation so far has centered on the foreign venue clause. As far as I know, there have been no decisions on the...
Thanks Phong. I'm out, but I am still interested in what is happening. I'm waiting for the hammer to fall. I think it will be fun to see! David Toppin ...
Very good analysis, Rich. I am not a lawyer so, I don't know the value or reason for disputing where the case should be tried. I don't know if that has any...
Dave, I'm glad you are done with this mess with the LC. However, there are still news from the BK court and the trustee. Right now, several parties are trying...
Phong, I am out over $5000 in attorney fees from defending myself against Court Square Leasing. Do you think I will be able to re-cuop this expense? Should I...
Bob, We have been fighting since day one. Our attorney's fees have topped $50000. We have won our case in California against Popular Leasing and were awarded...
Bob, I'm not an attorney so I'm not qualify to give any advice on this. But, I think this is more an individual business decision. I don't know if you've...
Thank you Tom for sharing your success story. I think you are the first one who post a positive outcome on an individual level. You gave us motivation to...
The FTC does not appear to cover attorney fees spent or other actions. Should the FTC win, and it may be tomorrow or four years from now, the individual...
That's true and most important a a clear conscience. Poor but happy right? Keep in touch David Toppin <dave@...> wrote: At least you're not a thief ...
John Estok, CLP, resigns from IFC Credit by Christopher Menkin John Estok, CLP, the man in the center of the NorVergence lessee crisis with IFC Credit...
I just received a notice from the bankruptcy court in New Jersey case no. 04-32079-RG. The order states that the court entered the following judgment on the ...
There were no orders entered on August 15, 2007. Filing Date # Docket Text 08/14/2007 1032 <https://ecf.njb.uscourts.gov/cgi-bin/show_case_doc?1032,586643,,,> ...
We are seeking bikers to ride with, and take to biker rally. Now, lots of bikers joined. Many biker girls, boys, women and men gather here. If you want to join...
IFC Credit Corporation Announces New Credit Facility IFC Credit Corporation today announced it has established a new $50 million credit facility with HSH...
Amazing. 1 week after Estock goes away we have a new deal. Anyone want to name the odds that this new deal had a provision that Estock had to go before HSH...
In my view it won't matter how much IFC has to pay in legal fees. Its position against the FTC is so tenuous that it will only be pouring good money after bad....
Brokers/Discounters-Funders Disagree: Site Inspections 76% of the broker/discounter who responded stated they were not in favor of site inspections on lower...
Kit, I'm not sure if your questions were appropriate to the NorV situation. Perhaps you should have asked, if a leasing company loaned several million dollars...
I agree and will continue to work on getting site inspections on lower dollar amounts. The funders don't want to go below $75,000 and then only occassionally,...
It seems to me, that the smaller contracts, when all linked together, create one huge investment. This should lend cause to site inspections. Not having them...
You hit it on the head! Millions of dollars worth of Norvergence leases and no-one took a look at the lessees? So in reality its not small leases, its one...
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