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Wednesday, April 24, 2024

Financing company is suing crop harvesting business for back payments, interest

Lawsuits
Contract 05

ELIZABETH — A financing company is suing a crop harvesting business, citing alleged breach of contract.

John Deere Financial F.S.B. filed a complaint in Wirt Circuit Court against Taylor Timber Harvesting, Inc. and Mitchell Taylor, alleging that they breached the terms and agreement under a credit line account by not tendering any payment since Aug. 8, 2016.

According to the complaint, on June 6, 2016, John Deere Financial F.S.B. issued a revolving line of credit to the company subject to the terms and conditions that accompanied the account. The defendant accepted and made use of the account but has allegedly not made a payment since Aug. 8, 2016, and owes a balance of $10,347.74 as of Nov. 18, 2016. 

The plaintiff holds Taylor Timber Harvesting, Inc. and Mitchell Taylor responsible because the company allegedly failed to make minimum monthly payments on the account.

The plaintiff requests a trial by jury and seeks judgment in the amount of $10,347.74 with continuing contractual interest thereon from Nov. 19, 2016, and costs. It is represented by Arch W. Riley, Jr. of Bernstein-Burkley, PC in Wheeling.

Wirt Circuit Court Case number 18-C-12

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