Wednesday, November 21, 2007

CSA-Credit Solutions of America, Inc. v. Precept Financial Solutions Inc.

In the Matter of the Arbitration between CSA-Credit Solutions of America, Inc. v. Precept Financial Solutions Inc.; No. 711480044506 before the American Arbitration Association

Mr. Kennedy’s client, Precept Financial Solutions, Inc. was sued for breach of a settlement contract and breach of a non-compete agreement. Mr. Kennedy filed counter-claims against Plaintiff for breach of contract and fraud.  After the arbitration hearing, Mr. Kennedy’s client was awarded damages by the arbitrator. The Plaintiff took nothing.