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Mr. Dealer bought a fleet of SUVs (sport utility vehicles) from General Motors (GM) on credit, GM agreeing not to assign the resulting account receivable
Mr. Dealer bought a fleet of SUVs (sport utility vehicles) from General Motors (GM) on credit, GM agreeing not to assign the resulting account receivable without Dealer's consent.GM later, without debtor dealer's consent, assigned the account to The Bank of New York (BNY) for consideration.Dealer made payments to BNY, but claimed damages from GM for breach of contract.
1. Could Dealer collect damages from GM?Explain fully supporting your yes/no answer.
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