Ford Motor Credit Co. v. Morgan
Supreme Judicial Court of Massachusetts, 1989
404 Mass. 537, 536 N.E.2d 587
Audio opinion coming soon
Brief Fact Summary
The Morgans purchased a vehicle, which was financed by Ford Motor Credit Co. The vehicle had mechanical problems. The Morgans defaulted and Ford sued to recover money due on the installment contract and attorneys fees. The Morgans submitted a counterclaim, which tried to hold Ford Motor Credit liable for the dealer's actions.
Rule of Law and Holding
An assignee will not be liable for the assignor's wrongdoing.
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