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[DOWNLOAD] "Prime Financial Credit Union V. Digital World Card Management Services Of Georgia" by State of Wisconsin in Court of Appeals District I * eBook PDF Kindle ePub Free

Prime Financial Credit Union V. Digital World Card Management Services Of Georgia

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eBook details

  • Title: Prime Financial Credit Union V. Digital World Card Management Services Of Georgia
  • Author : State of Wisconsin in Court of Appeals District I
  • Release Date : January 07, 2009
  • Genre: Law,Books,Professional & Technical,
  • Pages : * pages
  • Size : 78 KB

Description

¶1 Digital World Card Management Services of Georgia, LLC, appeals an order of the circuit court entering summary judgment dismissing its counterclaim against Prime Financial Credit Union*fn1 for breach of contract and a judgment in favor of Prime Financial. The parties entered into a contract to administer and market a "stored value" Visa card program ("Program"). Following significant overdrafts by cardholders, the Program sustained losses and was halted. The contractual dispute relates to which of the two parties was responsible for monitoring the activity in the individual cardholder accounts, and thus detecting the overdrafts. Digital World contends that the contract is ambiguous as to which party bore this responsibility, and that even if the contract is not ambiguous, the parties' obligations were modified by their conduct.


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