Houston company sues Meadwestvaco over $300K debt
A Houston company claims it lost more than $300,000 when a business failed to remit monthly payments in exchange for services on an air conditioning unit.
Way Service filed a lawsuit Sept. 9 in Jefferson County District Court against Meadwestvaco Corp.
In its complaint, Way alleges it entered into a contract on June 18, 2008, with Meadwestvaco in which it agreed to service the company's heating, ventilation and air conditioning unit at Meadwestvaco's Evadale facility.
In exchange for Way's services, Meadwestvaco agreed to pay it $985,140 per year for three years at $82,095 per month, according to the complaint.
Since then, however, Meadwestvaco has failed to make payments from November through January, the suit states.
Meadwestvaco terminated its contract in January. Under the contract, Meadwestvaco owes Way $338,466 for early termination and $326,267 for work Way performed.
Although Way has demanded payment, Meadwestvaco refuses to remit the money, according to the complaint.
Way alleges breach of contract against Meadwestvaco.
It seeks actual damages, plus pre- and post-judgment interest at the maximum legal rate, attorney's fees, costs and other relief the court deems just.
William B. Westcott and Lisa B. Norman of Andrews Myers in Houston will be representing it.
Judge Bob Wortham, 58th District Court, has been assigned to the case.
Case No. A190-889