CHARLESTON – A West Virginia company named as a guarantor on an agreement is seeking to rescind it.
United Talent LLC filed a complaint in Kanawha Circuit Court against Integrated Enterprises LLC, doing business as CertaStaff, citing rescission and other counts.
The suit states that United Talent Georgia and defendant entered into an asset agreement on Nov. 30, 2018, where the defendant transfered assets to United Talent Georgia. The suit states the defendant's purchase price for the assets was $1 million and United Talent Georgia was to pay the defendant $800,000 on a promissory note.
The suit states a guaranty was executed and delivered to the defendant that named the plaintiff as guarantor.
The plaintiff alleges the defendant misrepresented the objective calculated value of the CertaStaff Agency by more than $200,000 and that had it known of the misrepresentations, it would not have signed the guaranty.
The plaintiff is seeking to rescind the guaranty and declaring that it is unenforceable. The plaintiff is represented by John J. Meadows and Devon J. Stewart of Steptoe & Johnson PLLC in Charleston.
The case has been assigned to Judge Jennifer Bailey.
Kanawha Court case number 19-C-733