It means that the judge allowed the L2/SBI to subm
Post# of 22453
I'm sure if it goes to trial, QMC's lawyers will argue that L2/SBI has a history of exhibiting predatory lending practices by trying to hold companies liable for standard business practices such as payments being made a day early or late when the payment date was set on a weekend.
In my opinion, the three arguments (auditor and day late/day early on payments) is substantially weak. They may be technically in default per the specific writing in the contract, but most contract law is based on a business week, Monday through Friday. Weekends dates don't typically apply.
The changing of the auditor did not occur voluntarily. The auditor quit and QMC was forced to get a new auditor. The contract said that QMC had to consult with L2/SBI if deciding to change auditors.