Citi loses fight to recoup mistaken payments

Business LIFESTYLE


Judge Furman in Manhattan said he was bound by New York law, which has previously found that funds received to recoup a debt do not need to be returned, if “they discharge a valid debt, the recipient made no misrepresentations to induce the payment, and the recipient did not have notice of the mistake”.

https://www.bbc.co.uk/news/business-56088825,

GO TO SAUBIO DIGITAL FOR MORE ANSWERS AND INFORMATION ON ANY TOPIC

As an Amazon Associate I earn from qualifying purchases.



Loading

Leave a Reply

Your email address will not be published. Required fields are marked *