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Old 07-08-2008, 10:19 AM   #1
XDCX
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Default Nissan sues Vermont Dealer for $500K SOT

According to news reports, Nissan has sued a Vermont Dealer for failing to pay-off floored vehicles that were sold and funded.

Nissan has filed a claim indicating that Ted Vey Nissan owes it $550K for vehicles sold out of trust. The dealership was recently closed down.

A Ford Dealership owned by the same Dealer Principal was also recently closed.

Here's a link to the news report: http://www.benningtonbanner.com/headlines/ci_9697463
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