LAFAYETTE – A financing company is suing Acadia Parish limited liability companies over allegations that they have defaulted on a loan.
Wells Fargo Equipment Finance Inc. filed a complaint on April 28 in the U.S. District Court for the Western District of Louisiana, Lafayette Division against Louisiana Crane & Construction LLC, Louisiana Liquid Services LLC, Joseph E. Toups and Logan C. Fournerat alleging that they failed to comply with the terms of their Loan and Security Agreements.
According to the complaint, the plaintiff alleges that it has suffered losses and will continue to suffer losses for not collecting the total amount of the loan, which is due and unpaid by defendants. The plaintiff holds Louisiana Crane & Construction LLC, Louisiana Liquid Services LLC, Joseph E. Toups and Logan C. Fournerat responsible because the defendants allegedly failed to pay the monthly installment due on Oct. 7, 2015, and also failed to pay each monthly installment that became due thereafter.
The plaintiff requests a trial by jury and seeks an order directing the United States Marshal to seize and sequester, according to law, the collateral, judgment against defendants granting Wells Fargo such other and further relief as is just and equitable. It is represented by Heather LaSalle Alexis and Richard A. Aguilar of McGlinchy Stafford PLLC in New Orleans.
U.S. District Court for the Western District of Louisiana, Lafayette Division Case number 6:16-cv-00583