Louisiana Record

Saturday, August 17, 2019

Mack Financial claims guarantor owes nearly $400,000

By Michael Abella | Apr 9, 2017

SHREVEPORT — A lender is suing Christine L. Fodale, citing alleged breach of guaranty.

Mack Financial Services filed a complaint on Feb. 16 in the U.S. District Court for the Western District of Louisiana against Christine L. Fodale alleging that the guarantor failed to perform her obligations under the promissory note.

According to the complaint, the plaintiff alleges that, on or about Dec. 1, 2011, Jan. 23, 2012, and July 22, 2013, defendant guaranteed the full, prompt and complete payment and performance of all sums, moneys, notes, loans and indebtedness of JC Fodale to plaintiff. Pursuant to the continuing guaranties, a deficiency of $377,405.47 remains unpaid. The plaintiff holds Christine L. Fodale responsible because allegedly, despite amicable demand for payments, failed to make any payment for the amount owed.

The plaintiff requests a trial by jury and seeks judgment against defendant in the amount of $377,405.47, plus interest, attorneys’ fees and costs and any further relief the court deems just and proper. The plaintiff is represented by Gregory F. Rouchell and L. Cole Callihan of Adams & Reese LLP in New Orleans.

U.S. District Court for the Western District of Louisiana Case number 5:17-cv-00285

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Adams and Reese LLP U.S. District Court for the Western District of Louisiana Shreveport Division

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