Colorado Company Tries to Cover $23,000 Subcontractor Debt with 3-Ton Coin Payment: ‘Big FU’

According to a report, a Colorado company wants to pay off its $23,500 debt to another company in three tons of coins.

JMF Enterprises showed a “symbolic middle finger” when it attempted to pay Fired Up Fabrication LLC in quarters, nickels and pennies (weighing 6,500 pounds) following a financial dispute that was apparently resolved over the summer, an attorney for Fired Up said. Manufacturing told CBS Colorado.

The thousands of coins were delivered on a flatbed truck in a 2x3x4 box about six weeks ago to the office of Fired Up Fabrications attorney Danielle Beem.

“I guess I thought my clients would have to accept it and it’s a huge waste of time and a huge FU,” Beem told local station CBS.

Beem said the driver told him “it was filled with a mixture of loose change and JMF’s attorney told him “a forklift was needed to move it.”

A Colorado company wants to pay off its $23,500 debt to another company in three tons of coins, according to a report. CBS Colorado The thousands of coins were delivered by a flatbed truck in a 2x3x4 box about six weeks ago. CBSColorado

JMF previously hired Fired Up, a welding company, as a subcontractor to perform work on an apartment building, but did not pay the company in full when the work was completed, according to a previously filed lawsuit.

When the two sides entered mediation in July, JMF Enterprises agreed to pay the subcontractor $23,500, but never made clear how the amount should be paid.

Beem, whose elevator can only hold about 3,000 pounds, said he couldn’t accept payment even if he wanted to and called the delivery “petty,” CBS Colorado reported.

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JMF’s legal team reportedly argued in court documents that coin payment should be allowed.

John Frank is the owner of JMF Enterprises.

“The coins, being current currencies of the kingdom, constituted a tender of the settlement funds and therefore JMF complied with the terms of the agreement,” wrote JMF lawyer Giovanni Camacho, according to the media outlet. “The settlement agreement did not describe any specific form of payment.”

“JMF has no intention of harassing the plaintiff, wasting time or frustrating the agreement,” he added.

A judge is expected to decide whether the form of payment is appropriate.

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Source: vtt.edu.vn

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