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Thursday, November 21, 2024

Energy business alleges Kanawha County company breached contract

Lawsuits
Law money 12

CHARLESTON — A energy business and holder of a note is suing a Kanawha County company, alleging breach of an agreement.

Greylock Energy LLC filed a complaint in Kanawha Circuit Court against Corotoman Inc., alleging failure to make payments pursuant to the promissory note.

According to the complaint, on Nov. 19, 2017, Greylock Energy became a successor in interest to Energy Corporation of America. By letter of agreement dated Oct. 6, 2014, Corotoman contracted to pay ECA the sum of $259,478.62, the suit says. 

As of May 9, 2016, the lawsuit alleges, the amount of $291,075.81, including interest, remains due and owing. The plaintiff alleges Corotoman has failed to make payments as promised and failed to execute the deed of trust as contemplated and agreed.

Greylock Energy seeks trial by jury, an order requiring Corotman to execute a recorded deed of trust, award all damages, attorney fees, court costs and all other just and proper relief. It is represented by attorney R. Ray Lovejoy II of Charleston.

Kanawha Circuit Court case number 18-C-1302

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