HOUSTON — A lender is suing Guoyong Zhang, a borrower, citing alleged breach of a promissory note.
The Place 2 Dance Inc. filed a complaint on March 6, in the Harris County District Court against Zhang, a Fort Bend County resident, alleging that the borrower failed to perform his contractual obligations.
According to the complaint, the plaintiff alleges that the defendant executed a promissory note in the amount of $155,000, payable to plaintiff. To date, the principal balance of $97,500 remains due and payable, the complaint said. The plaintiff holds Zhang responsible because the defendant allegedly failed to make payments for the balance amount.
The plaintiff requests a trial by jury and seeks monetary relief of over $100,000 but not more than $200,000 and such other relief to which it is entitled. The lender is represented by John K. George of John K. George, Attorney at Law, in Bellaire.
Harris County District Court Case number 2017-15179