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Suit filed against East Baton Rouge Parish man alleging unpaid loan

LOUISIANA RECORD

Thursday, November 21, 2024

Suit filed against East Baton Rouge Parish man alleging unpaid loan

Late 01

BATON ROUGE – A Delaware corporation alleges East Baton Rouge Parish resident owes it money.

Holcim (US) Inc. filed a complaint on June 7 in the U.S. District Court for the Middle District of Louisiana against Wallace Heck Jr. alleging failure to comply with the terms of a promissory note and personal guaranty.

According to the complaint, the plaintiff alleges that it has suffered damages for not collecting the principal amount of $312,491.38, plus interest in the sum of $22,413.99 through May 31 with interest accruing thereon at the rate of 18 percent per annum. The plaintiff holds Heck Jr. responsible because the defendant allegedly breached his personal guaranty dated April 22, wherein he obligated himself to be liable with Heck Industries Inc.'s promissory note.

The plaintiff requests a trial by jury and seeks judgment against defendant for the full and principal sum of $312,491.38, interest, plus attorney's fees and costs and for such further relief to which it may be entitled. It is represented by Robin B. Cheatman and Scott R. Cheatman of Adams and Reese LLP in New Orleans.

U.S. District Court for the Middle District of Louisiana Case number 3:16-cv-00370

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