Colorado judge chides company that tried to pay $23,500 settlement in coins

  • 📰 ABC
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

A Colorado judge chided a welding company that tried to pay off a $23,500 settlement with a subcontractor by sending the money in loose coins that weighed 3 tons

Judge Joseph Findley ruled Monday that JMF Enterprises “acted maliciously and in bad faith” by delivering a custom made metal box containing the coins that was too heavy to be carried in the freight elevator at the offices for Fired Up Fabrications' lawyers, let alone the forklift required to carry it, according to court filings.

One of the subcontractor’s lawyers, Danielle Beem, told Denver's KCNC-TV, which first reported the judge's order, that the coin payment was a “symbolic middle finger.” “The form of the settlement in this case is a reference to their shared career field and is intended to satisfy the settlement, albeit in an uncommon form,” they said in a September court filing.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 471. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Market: I Am Still Bullish, Unless...Stocks Analysis by Avi Gilburt covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Avi Gilburt's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »