The Lessors Network
.
Arrow  About    Arrow  Advertise    Arrow  Contact    Arrow  Email Alerts    Arrow  Sitemap
Lessors Network Header
Lessors Network Logo
.

LinkedIn
Arrow Over 1,694 Global Members
A Vertical News & Marketing Network Showcasing
The Equipment Lease Finance Industry
.

The Lessors Network, serving the largest equipment lease finance community on the Web, covers a broad range of subjects, examining the latest trends and technologies in the commercial equipment lease finance markets. Networking Platforms provide easy access to Funding Sources and administrative Service Providers while the Breaking News Network publishes the latest equipment finance news, press releases, legislative & regulatory updates aggregated from thousands of trusted sources around the world. Learn More...

.
Lessors Network Ad
Optimal Leasing LLC
Lessors Network Shadow
Optimal Leasing LLC

Optimal Leasing LLC , an independent MBE originally founded in 1996 with a specific emphasis on providing lease financing for capital equipment, assist customers who have diversity objectives and are interested in Tier 1 & 2 spend.

Larry Robinson - 248.738.2699
.
Member Advertising
Lessors Network Shadow
Lessors Network Membership
.
Does Your Association Membership Include Free Multi-Channel Promotion of Your Organization? Why Not?
Our Business Is Promoting Your Business & Annual Membership Dues Cover All Cost
.
Blue Arrow Learn More...
.
Breaking News Network
    Arrow  Submit Press Releases  
Lessors Network Shadow

Federal court orders Boersen Farms to pay $19.5 million for equipment leases, contempt

.

Written by Joe Boomgaard
MyBiz

ZEELAND — A federal judge ordered Boersen Farms Inc. to pay more than $19.5 million to a Cottonwood Heights, Utah-based firm it leased equipment from over a two-year period.

In an October judgment entered into court files last week, the U.S. District Court in Utah ruled in favor of equipment leasing firm TFG-Michigan LP, which does business as Tetra Financial Group, in a case against Zeeland-based Boersen Farms, related entities and its owners for breach of contract.

Tetra Financial had alleged that Boersen Farms failed to pay in full for $18.2 million in farming equipment it leased from 2013 through 2015, and sold some of the equipment without permission, pocketing the proceeds.

Dennis Boersen, Ross Boersen, Arlan Boersen and Sandy Boersen signed personal guarantees as part of the lease agreements.

Blue Arrow   Continue Viewing This MyBiz Story

.

  Free Headlines In Your Inbox

Email Alerts
Every day we send out free Email Alerts with the most important
headlines of the last 24 hours (excluding slow news days).
.
.
 Blue Arrow


.

A Lessors.com, Inc. Company     © Copyright 1998 - 2017
.