LL: Avoiding Double-Payment Liability to Factors & Merchant Creditors

Rarely, do 3PLs pay the actual carrier they arranged anymore. We all receive Notices of Assignment (“NOA”) from factoring companies and others. NOAs are a very powerful legal tool. If not honored, you might end up paying twice. BUT, what if you have NOAs from more than one company for the same carrier – especially these new NOA letters from various “merchant creditors” (different than factoring companies)? What then? Learn how to determine NOA legal “priorities” in order to avoid having to pay twice. PRESENTED BY: Justin Olsen, Esq. – VP Legal & Risk Management, CR England Logistics