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LOUISIANA RECORD

Friday, March 29, 2024

Major offshore companies sued by marine supply store over $100K alleged breach of contract

Breach of contract

NEW ORLEANS – Two major offshore companies allegedly failed to pay the exact balance for services completed by a marine supply store.

Bisso Marine LLC filed suit against Prime 8 Offshore LLC and Tengasco Inc. in the Orleans Parish Civil District Court on Feb. 20.

On July 30, 2014, the plaintiff, Bisso Marine, allegedly reached a “Master Service Agreement” with the defendants, Prime 8 and Tengasco. Under the agreement, the petitioner was to perform maintenance on a caisson, a bulky watertight chamber.

“Bisso Marine performed a removal of three (3) single leg caissons for Prime 8 and Tengasco,” the lawsuit states.

On Aug. 3, 2014, Bisso Marine punctually finished the task, allegedly failing to receive a single complaint from the defendants. Three days later, the plaintiff sent an invoice for approximately $77,310 for the work completed on the caissons. On Nov. 7, 2014, the defendants paid $77,000 of the original invoice, still owing $310 of the plaintiff’s service dues. Prime 8 and Tengasco have allegedly failed to pay the petitioner for the aforementioned fee pursuant under the MSA.

On Aug. 8, 2014, the plaintiff sent an additional invoice for other services required and completed under the MSA for $90,270. According to Bisso Marine, both Prime 8 and Tengasco have also allegedly failed to pay the aforementioned sum. Furthermore, language within the MSA purportedly stipulates Bisso Marine will accrue interest if Prime 8 and Tengasco fail to pay the balance due within a thirty-day window.

On Nov. 18, 2014, the plaintiff sent a final invoice detailing the accrued interest on the outstanding balance due by the defendants, which amounted to $13,375.35.

The defendants, Prime 8 and Tengasco, are allegedly indebted to the plaintiff, Bisso Marine, in the amount of $103,955.35, plus additional interest at 1.5 percen per month pursuant to the MSA.

Attorney David L. Reisman represents the petitioner.

The case has been assigned to Div. L Chief Judge Kern A. Reese.

Case no. 2015-01570.

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