PITTSBURGH – A Tennessee construction machinery and equipment company has begun legal action against a transportation company and its contract guarantor, due to allegedly-outstanding costs from the defendants of well over $30,000.
Caterpillar Financial Commercial Account Corporation of Nashville, Tenn. filed suit in the Philadelphia County Court of Common Pleas on Oct. 9 versus Snydertown Transport, LLC and Kendal Weaver (as Guarantor), both of Paxinos.
In order to facilitate purchase of certain Caterpillar-brand parts, rental and repairs of Caterpillar Equipment, the plaintiff provides access to a revolving line of credit through an official agreement. The defendant was approved for an agreement and received the loan, the suit says.
The plaintiff claims the defendants defaulted in making payments on the loan and as of Nov. 4, 2016, an outstanding balance of $32,173.28 remains – along with legal interest of $1,147.86 as of June 16 (calculated at a rate of six percent) and an agreement that the defendants will pay the plaintiff’s legal fees, totaling $10,491.09.
According to the lawsuit, the defendants have refused to pay these costs.
For counts of breach of contract and guaranty, the plaintiff is seeking damages of $42,812.23, plus continual interest at a rate of six percent and costs.
The plaintiff is represented by Raymond P. Wendolowski Jr. of Bernstein Burkley, in Pittsburgh.
Allegheny County Court of Common Pleas case GD-17-013828
From the Pennsylvania Record: Reach Courts Reporter Nicholas Malfitano at email@example.com