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12-13-2018, 10:42 AM #1
- Join Date
- Feb 2017
- Posts
- 3,382
What industry is using COJs aside from MCAs? I just had a client who a COJ was filed on him from a private lawsuit having to deal with the government and some minimum wage issues. The NY court system had them sign the COJ as part of the settlement.
From the filing:
Plaintiffs filed an action against Defendants for violation offederal and state wage
and hour laws in the United States District Court for the Southern District of New York on or
about February 16,2015....
.... After extensive negotiations, Plaintiffs andDefendants entered into a settlement
agreement (the "Agreement"), which weis fully executed onorabout May 10,2016....
....Defendants simultaneously executed Affidavits of Confession of Judgment (the
"Affidavits")....
There's no way anyone will cancel already agreed-to legal documents Politicians know that they can't undo an established practice "cold turkey" and they for sure can't "undo" history. This is a political stunt.
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