Posts Tagged ‘Cross Claims’
What is a Holder In Due Course?
§ 3-302. HOLDER IN DUE COURSE. (a) Subject to subsection (c) and Section 3-106(d), “holder in due course” means the holder of an instrument if: (1) the instrument when issued or negotiated to the holder does not bear such apparent evidence of forgery or alteration or is not otherwise so irregular or incomplete as to…Read More
Remedies At Law/Cross Claims
A crossclaim is a claim asserted between codefendants or coplaintiffs in a case and that relates to the subject of the original claim or counterclaim according to Black’s Law Dictionary. A cross claim is filed against someone who is a co-defendant or co-plaintiff to the party who originates the crossclaim. In common law, a crossclaim…Read More