What is a Holder In Due Course?

By freedomfromservitude | October 9, 2017 |

§ 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…

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Remedies At Law/Cross Claims

By freedomfromservitude | June 27, 2017 |

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…

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