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BSG, LLC v. CHECK VELOCITY, INC.

No. M2011-00355-SC-R11-CV

395 S.W.3d 90 (2012)

BSG, LLC v. CHECK VELOCITY, INC.

Supreme Court of Tennessee, at Nashville.

November 20, 2012.

Attorney(s) appearing for the Case

David O. Huff (at oral argument) and Nick Shelton , Nashville, Tennessee, for the appellant, Check Velocity, Inc.

Alvin Scott Derrick , Nashville, Tennessee, for the appellee, BSG, LLC.

OPINION

JANICE M. HOLDER, J., delivered the opinion of the Court, in which GARY R. WADE, C.J., and CORNELIA A. CLARK, WILLIAM C. KOCH, JR., and SHARON G. LEE, JJ., joined.

A contract required payment of "fee residuals" from customers referred by BSG, LLC to Check Velocity, a company providing check re-presentment services. The contract provided that payment of fee residuals survived the termination of the agreement between the parties and continued until...

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