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Bar patron cries foul in investment deal

WEST VIRGINIA RECORD

Sunday, December 22, 2024

Bar patron cries foul in investment deal

Contract 01

MOUNDSVILLE – A Marshall County woman is suing an area bar after a deal to make her a co-owner allegedly went sour.

Deborah Pavilack filed a lawsuit May 11 in Marshall Circuit Court against Nana’s Landing Inc., alleging breach of contract.


According to the complaint, in August 2013 Pavilock agreed to invest $172,252 in Nana’s Landing in exchange for a 50 percent stake in the bar and restaurant. Once Pavilock had made an initial payment of $52,252 to the restaurant’s president, Reva Yost, she alleges that she learned Yost was planning to use her investment to pay off debts, rather than give her an equity stake.

When Yost made a new proposal giving the plaintiff only a 40 percent share in the bar, Pavilock says she canceled the deal and demanded her money back. So far, only $9,900 of the original amount has been repaid, the suit says.

Pavilock seeks repayment of the remaining $43,052 due on the loan, plus interest. She is represented by attorney Gerald E. Lofstead of Spilman Thomas & Battle PLLC in Wheeling.

Judge Jeffrey Cramer is assigned to the case.

Marshall Circuit Court Case number 16-C-78-C

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