Quantcast

Neighbert Land alleges it is owed more than $200,000 for lease agreement

WEST VIRGINIA RECORD

Friday, December 27, 2024

Neighbert Land alleges it is owed more than $200,000 for lease agreement

Lawsuits
Law money 12

WILLIAMSON – A West Virginia corporation alleges it is owed more than $200,000 in connection with a lease agreement.

Neighbert Land Co. filed a complaint in Mingo Circuit Court against Consol of Kentucky LLC and Southeastern Land LLC.

The suit states the plaintiff leased mining and transportation rights to Southern West Virginia Energy in March 2005, and Southern and Consol merged in April 2005. The plaintiff alleges it has learned Consol assigned its interest in the lease to defendant Southeastern without its consent and that it is owed for royalties.

The suit states a forbearance was executed between the plaintiff and Southeastern for an exchange of $200,000 by Dec. 24, 2018, by Southeastern in exchange for the plaintiff to forbear filing a lawsuit. The plaintiff alleges it received two checks but the checks bounced due to insufficient funds.

The plaintiff alleges it received another check from Southeastern in January for $44,177.31, and it is still owed $252,158.62.

The plaintiff is seeking all reasonable sums due, attorney fees and court costs. The plaintiff is represented by Owen A. Reynolds and Charles F. Bagley III of Campbell Woods PLLC in Huntington.

The case has been assigned to Judge Miki Thompson.

Mingo Circuit Court case number 19-C-54

ORGANIZATIONS IN THIS STORY

More News