Investment company alleges Gluski PC did not pay promissory note

By Molly English-Bowers | Dec 11, 2015

GALVESTON--An Ohio investment company is suing a Galveston corporation, alleging an unpaid debt.

CFC Investment Company of Cincinnati filed a lawsuit Oct. 27 in Galveston County District Court against Kenneth Gluski PC, Kenneth Gluski and Anne Gluski, all of Galveston.

According to the complaint, on Sept. 8, 2005, Gluski PC executed a promissory note for $181,000 and, under the agreement, in event of default, the holder of the note may declare the unpaid balance immediately due and payable. On Oct. 19, 2005, the original holder of the noted assigned it to CFC Investment.

The suit says that the last payment was made Sept. 16, 2015, but that payment was applied to payments due through June 25, 2015. The plaintiff seeks $117,695.25 in liquidated damages, the current balance due. 

CFC Investment also seeks to enforce, foreclose or collect all the security that was offered by the defendant, plus costs, expenses, fees and interest. CFC is represented by attorneys William J. Eggleston and Sean Edward Matula of Eggleston & Briscoe in Houston.

Galveston County District Court Case number 15-CV-1147.

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