Woodbury Construction Co. v. Commercial Cash Flow, L.L.C.

By Judge Marc Jacobson

Plaintiff Woodbury Construction Co. is a general contractor that entered into certain subcontracting agreements with Falcon Corporation, a subcontractor. Falcon and Defendant Commercial Cash Flow, L.L.C. (Commercial) entered into an agreement wherein Falcon agreed to sell invoices resulting from its contracts with Woodbury to Commercial in order immediately to obtain discounted payment. See Motion for Judgment (Motion), ¶ 11. Woodbury alleges that the Agreement was an assignment by Commercial of Falcon’s obligations to Woodbury under the contracts through which the…