Plaintiff's first cause of action lacks merit, its own admissions demonstrating that it, not defendant, breached the alleged oral modification to the subject factoring agreement. Plaintiff's deposition testimony and affidavit on the motion acknowledge that under the oral modification, plaintiff was to give defendant a $1 million Treasury bill as additional collateral, and defendant was to have sole discretion to require plaintiff to "roll over" the Treasury bill after its...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
