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Case Study: City Rentals

380 Words2 Pages
I. Issue- Will Kesler be liable to repay City Rental restitution for the pilfered funds he received from Bauer? II. Rule: A holder in due course states that anyone who takes an instrument for value in good faith absent any notice that it is overdue, has been dishonored, or is subject to any defense against it or claims to it by any other person. III. Application of Facts- In 2008, City Rentals discovered former employee Bauer embezzled hundreds of thousands of dollars from the company. Bauer was convicted and ordered to pay restitution to City Rentals. During the commission of the criminal offenses Bauer forger several check to various people including Kesler. Kesler and Bauer were family friends that had a relationship spanning over thirty
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