A Colorado business wants to pay off a $23,500 debt owed to another company in three tons of coins, according to a report.
JMF Enterprises is giving a “symbolic middle finger,” as it tries to pay Fired Up Fabrication LLC in quarters, dimes, nickels and dimes — which weigh 6,500 pounds — following a financial dispute that appears to have been resolved over the summer, an attorney for Fired Up Fabrication told CBS Colorado.
The thousands of coins were delivered by flatbed truck in 2x3x4 boxes about six weeks ago to the office of Fired Up Fabrications attorney Danielle Beem.
“I think my clients have to accept it and it’s a huge waste of time and a major FU,” Beem told the local CBS station.
Beem said he was told by the driver “it was full of a mixture of loose coins and JMF’s attorney told him “it needed a forklift to move.”
A Colorado business wants to pay its $23,500 debt to another company in three tons of coins, according to reports. CBS Colorado
JMF previously hired Fired Up, a welding company, as a subcontractor to do work on the apartment building, but did not pay the business in full when the work was completed, according to a previously filed lawsuit.
When the two sides entered mediation in July, JMF Enterprises agreed to pay the subcontractor $23,500, but never made clear how that amount was to be paid.
Beem, whose elevator can only hold about 3,000 pounds, said he couldn’t accept the payment even if he wanted to, and called the shipment “petty,” CBS Colorado reported.
JMF’s legal team reportedly argued in court documents that coin payments should be allowed.
John Frank is the owner of JMF Enterprises.
“The coin, as the current coin of the world, is a settlement fund tender, and as such, JMF has complied with the terms of the agreement,” JMF lawyer Giovanni Camacho wrote, according to the news outlet. “The settlement agreement does not outline any specific form for payment.”
“JMF does not intend to harass the Plaintiff, waste time, or frustrate the settlement,” he added.
A judge is expected to decide whether the form of payment is appropriate.
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Source: thtrangdai.edu.vn/en/
