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"DEALER SREVICES CORPORATION " - DSC UNDER INVESTIGATION CALIFORNIA DEPARTMENT OF CORPORATION

MR. GRISSOM SEEKING $189, MILLION IN DAMAGES

Part 1

Congratulation to our youngest son U.S. Marine Lance Corporal M. Grissom is shipping out to Iraq next week, "we love you son" God Bless you and the many Marines that accompany you, on your mission, to restore equality and protection to all of us here in America.

Your Mother and I will hold the fort down with the fight against DSC as I "˜am a man of my word you will have that Auto dealership that I promised you and C.J.

Mom and I are truly Bless to have you.

Monetary Loss: $189.

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Anonymous
#58859

1. Written by Victim of DSC & AFC, on 28-05-2009 00:53

LOAN SHARK BITES BACK!!!

DEALER SERVICES CORPORATION ELIMINATES FRIVOLOUS CLAIM OF 189 MILLION DOLLARS FILED BY FAILED USED CAR DEALER MICHAEL GRISSOM DOING BUSINESS AS AMERICAN FAMILY AUTO

(Just another small business destroyed by an unlicensed lender.)

On March 3, 2009, Dealer Services Corporation (“DSC”) successfully eliminated frivolous claims of 189 million dollars and a request for punitive damages filed by failed used car dealer Michael Grissom, who previously did business as American Family Auto. The California Riverside County Superior Court granted DSC’s motion to strike Grissom’s spurious allegations for punitive and exemplary damages, as well as his claim for 189 million dollars, as improper and without any factual basis.

(When Riverside Judge Tranbarger asked DSC attorney Benjamin Griffin if DSC was licensed, Griffin stated DSC is licensed to do business in California. It must have been a real hoot for Griffin to tell the partners at Prenovost, Normandin Bergh & Dawe what a great job he did in steering the Honorable Judge Tranbarger away from the truth. Kudos’s to Griffin for making a mockery of the judicial system.)

Plaintiff Michael Grissom borrowed approximately $200,000 from DSC in order to finance his inventory of used cars, but when his partnership with Alfred King failed, Grissom cynically turned against his partner, lenders,...

(DSC partnered with Dial Finance to use money from Grissom’s credit line to pay off delinquent debts owed by Dial. I imagine that DSC had plenty of trust in Dial’s broker Mark White, a convicted felon illegally brokering loans to DSC from unwary dealerships. Benjamin Griffin might want to disclose to the court that DSC is suing Dial Finance in Indiana court).

The Court threw out four previous complaints filed by Grissom, as wholly insufficient, including his spurious claims of breach of fiduciary duty, breach of duty of loyalty, breach of the implied covenant of good faith and fair dealing, and conspiracy. In his final opportunity, the Court has allowed only claims for breach of contract and negligence, and disallowed his $189 million claim and his request for an award of punitive damages. More particularly, the Court found that there were no facts for Grissom to take to trial for unfair competition and lack of lender’s license.

(When Judge Tranbarger asked DSC attorney Benjamin Griffin if DSC was licensed, Griffin stated DSC is licensed to do business in California. It must have been real hoot telling the partners at Prenovost, Normandin Bergh & Dawe what a great job he did in steering the Honorable Judge Tranbarger away from the truth.

The great law firm of Prenovost, Normandin Bergh & Dawe convinced the court to believe that it would be ridiculous to think that Dealer Services Corporation was loan sharking in California. Too bad Michael Grissom naively went to court thinking that the truth would be his might. Prenovost, Normandin Bergh & Dawe countered the truth by filing motions to strike, sanction, and demurrer and quash).

Indicative of his baseless claims, Grissom is on his third set of attorneys and his fifth complaint and now must defend against DSC’s cross-complaint seeking recovery

of $370,195.83 in treble damages, plus attorney fees and costs.

(It’s great that Indiana has no usury laws. Unfortunately for DSC, California courts have determined that if both the lender and borrower are in California, Indiana law does not apply.

Luckily, California has abuse-of-process laws that should take some of the hurt off those judgments on California borrowers that were obtained in Indiana courts. Why use Indiana Courts when your loan was made in California? California courts aren’t much on unlicensed lenders collecting usurious interest and also awarding the loan shark treble damages.)

DSC vigorously responds to claims by fly-by-night dealerships that borrow money, fail at their business, and attempt to blame DSC and others for their own shortcomings. For further information contact Prenovost, Normandin Bergh & Dawe, a Professional Law Corporation, and (714) 547-2444.

(Prenovost, Normandin Bergh & Dawe also represent Automotive Financial Corporation (AFC), another flooring lender. However, AFC did take the time to obtain a lenders license in 2007. That was only SEVEN years after they started making loans. For some odd reason, Automotive Finance Corporation used a new name for their old business. They called themselves AFC Cal, LLC. The question is, are the thousands of loans they did prior to obtaining their license in 2007 valid?)

Now that’s information that could be useful! So you might as well call Prenovost, Normandin Bergh & Dawe, a Professional Law Corporation, and (714) 547-2444.

And ask for the usury department.

Report

2. Written by Usury between the lines, on 28-05-2009 00:45

. Written by DSC ESQ, on 22-05-2009 15:34

DEALER SERVICES CORPORATION ELIMINATES FRIVOLOUS CLAIM OF 189 MILLION DOLLARS FILED BY FAILED USED CAR DEALER MICHAEL GRISSOM DOING BUSINESS AS AMERICAN FAMILY AUTO

On March 3, 2009, Dealer Services Corporation (“DSC”) successfully eliminated frivolous claims of 189 million dollars and a request for punitive damages filed by failed used car dealer Michael Grissom, who previously did business as American Family Auto. The California Riverside County Superior Court granted DSC’s motion to strike Grissom’s spurious allegations for punitive and exemplary damages, as well as his claim for 189 million dollars, as improper and without any factual basis.

When Riverside Judge Tranbarger asked DSC attorney Benjamin Griffin if DSC was licensed, Griffin stated DSC is licensed to do business in California. It must have been a real hoot for Griffin to tell the partners at Prenovost, Normandin Bergh & Dawe what a great job he did in steering the Honorable Judge Tranbarger away from the truth. Kudos’s to Griffin for making a mockery of the judicial system.

Plaintiff Michael Grissom borrowed approximately $200,000 from DSC in order to finance his inventory of used cars, but when his partnership with Alfred King failed, Grissom cynically turned against his partner, lenders, suppliers, and their employees, and filed suit in Riverside County Superior Court blaming everyone but himself.

DSC partnered with Dial Finance to use money from Grissom’s credit line to pay off delinquent debts owed by Dial. I imagine that DSC had plenty of trust in Dial’s broker Mark White, a convicted felon illegally brokering loans to DSC from unwary dealerships. Benjamin Griffin might want to disclose to the court that DSC is suing Dial Finance in Indiana court.

The Court threw out four previous complaints filed by Grissom, as wholly insufficient, including his spurious claims of breach of fiduciary duty, breach of duty of loyalty, breach of the implied covenant of good faith and fair dealing, and conspiracy. In his final opportunity, the Court has allowed only claims for breach of contract and negligence, and disallowed his $189 million claim and his request for an award of punitive damages. More particularly, the Court found that there were no facts for Grissom to take to trial for unfair competition and lack of lender’s license.

When Judge Tranbarger asked DSC attorney Benjamin Griffin if DSC was licensed, Griffin stated DSC is licensed to do business in California. It must have been real hoot telling the partners at Prenovost, Normandin Bergh & Dawe what a great job he did in steering the Honorable Judge Tranbarger away from the truth.

The great law firm of Prenovost, Normandin Bergh & Dawe convinced the court to believe that it would be ridiculous to think that Dealer Services Corporation was loan sharking in California. Too bad Michael Grissom naively went to court thinking that the truth would be his might. Prenovost, Normandin Bergh & Dawe countered the truth by filing motions to strike, sanction, and demurrer and quash.

Indicative of his baseless claims, Grissom is on his third set of attorneys and his fifth complaint and now must defend against DSC’s cross-complaint seeking recovery

of $370,195.83 in treble damages, plus attorney fees and costs.

It’s great that Indiana has no usury laws. Unfortunately for DSC, California courts have determined that if both the lender and borrower are in California, Indiana law does not apply.

Luckily, California has abuse-of-process laws that should take some of the hurt off those judgments on California borrowers that were obtained in Indiana courts. Why use Indiana Courts when your loan was made in California? California courts aren’t much on unlicensed lenders collecting usurious interest and also awarding the loan shark treble damages.

DSC vigorously responds to claims by fly-by-night dealerships that borrow money, fail at their business, and attempt to blame DSC and others for their own shortcomings. For further information contact Prenovost, Normandin Bergh & Dawe, a Professional Law Corporation, and (714) 547-2444.

Prenovost, Normandin Bergh & Dawe also represent Automotive Financial Corporation (AFC), another flooring lender. However, AFC did take the time to obtain a lenders license in 2007. That was only SEVEN years after they started making loans. For some odd reason, Automotive Finance Corporation used a new name for their old business. They called themselves AFC Cal, LLC. The question is, are the thousands of loans they did prior to obtaining their license in 2007 valid?

Now that’s information that could be useful! So you might as well call Prenovost, Normandin Bergh & Dawe, a Professional Law Corporation, and (714) 547-2444.

And ask for the usury department.

Report

Show more
Anonymous
#58563

DEALER SERVICES CORPORATION ELIMINATES FRIVOLOUS CLAIM OF 189 MILLION DOLLARS FILED BY FAILED USED CAR DEALER MICHAEL GRISSOM DOING BUSINESS AS AMERICAN FAMILY AUTO

On March 3, 2009, Dealer Services Corporation (“DSC”) successfully eliminated frivolous claims of 189 million dollars and a request for punitive damages filed by failed used car dealer Michael Grissom, who previously did business as American Family Auto. The California Riverside County Superior Court granted DSC’s motion to strike Grissom’s spurious allegations for punitive and exemplary damages, as well as his claim for 189 million dollars, as improper and without any factual basis.

Plaintiff Michael Grissom borrowed approximately $200,000 from DSC in order to finance his inventory of used cars, but when his partnership with Alfred King failed, Grissom cynically turned against his partner, lenders, suppliers, and their employees, and filed suit in Riverside County Superior Court blaming everyone but himself.

The Court threw out four previous complaints filed by Grissom, as wholly insufficient, including his spurious claims of breach of fiduciary duty, breach of duty of loyalty, breach of the implied covenant of good faith and fair dealing, and conspiracy. In his final opportunity, the Court has allowed only claims for breach of contract and negligence, and disallowed his $189 million claim and his request for an award of punitive damages. More particularly, the Court...

Indicative of his baseless claims, Grissom is on his third set of attorneys and his fifth complaint and now must defend against DSC’s cross-complaint seeking recovery of $370,195.83 in treble damages, plus attorney fees and costs.

DSC vigorously responds to claims by fly-by-night dealerships who borrow money, fail at their business, and attempt to blame DSC and others for their own shortcomings. For further information contact Prenovost, Normandin Bergh & Dawe, a Professional Law Corporation, (714) 547-2444.

Show more
sg4242@charter.net
#56938

Dealer Services Corporation (DSC/ “Discover DSC”) is being investigated by The California Department of Corporation.Dealer Services Corporation provides commercial inventory financing for car dealers across the nation.

Apparently, since 2005 DSC has been loaning money to thousands of California auto dealers without procuring a California Lenders License. This is a direct violation of the California Financial Code. It seems that DSC is a Delaware Corporation conducting business nationwide.

They operate in the State of California with 6 regional offices located in; San Jose, San Diego, Sacramento, Riverside, Norwalk, and Glendale.John Fuller’s unfair business practice could cost DSC investors Million of dollars, in fines, fees, and future loss in revenue.

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