Pennsylvania Record

Saturday, January 25, 2020

Lawsuit: Michigan dental practice committed default on leasing company's two agreements

By Nicholas Malfitano | May 31, 2018

Gavel

PHILADELPHIA – A Pennsylvania-based equipment leasing company believes a dental practice in Michigan has committed default on two agreements the parties entered into in 2013 and 2016.

Beneficial Equipment Finance Corp. of Chester Springs filed suit in the Philadelphia County Court of Common Pleas on May 23 versus Dennis L. Perkins P.C. of Ypsilanti, Mich. and Dennis Perkins himself, of Farmington Hills, Mich.

On or about Sept. 30, 2013, the defendants entered into a lease agreement in the amount of $202,835.40 with Pro Health Capital

Per the first agreement, the defendant received a lease in the amount of $202,835.40 and agreed to make 66 monthly payments of $3,380.59, until the entire lease balance was repaid.

A later forbearance agreement was executed on March 30, 2016, which extended the terms of the first contract and at a lower monthly rate, for 45 monthly payments of $3,380.59

The litigation alleges the defendants have failed to make all necessary payments on the agreements – despite repeated demands on the part of the plaintiff to satisfy them, and collect an unpaid balance of $129,060.92.

Besides the balance, the agreements stated the defendants were liable for any attorney’s fees accrued in the event of default, which in this case, are $32,265.23. In total, the defendants allegedly owe $161,326.15.

For counts of breach of contract, unjust enrichment and replevin, the plaintiff is seeking damages of $161,326.15, plus any consequential damages, compensatory damages, replevin, additional interest, costs and attorney’s fees that may accrue, as well as any other relief as the Court deems just and equitable.

The plaintiff is represented by Robert L. Saldutti of Saldutti Law Group, in Philadelphia.

Philadelphia County Court of Common Pleas case 180502538

From the Pennsylvania Record: Reach Courts Reporter Nicholas Malfitano at nickpennrecord@gmail.com

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Philadelphia County Court of Common Pleas