Q: If a company declares that their debt to you is fraudulent, can they stop paying you? The note personally held
Delaware law applies in this situation. The promissory note is held personally. This promissory note is from a purchase of a business and the buyer claims that the deal was fraudulent. Can they just stop paying you even though they have not proven that the purchase is fraudulent?
A: If Delaware law applies, you must direct your question to Delaware attorneys. You instead directed your question to Florida.
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