Savoy Travel Center (doing business under other names including Fuel4Less, Savoy Terminal, Savoy Truck Stop, and Savoy Group) - Lawsuit against Savoy Travel Center

Posted on Sunday, July 3rd, 2011 at 12:16am CDT by 8e79e9ac

Company: Savoy Travel Center (doing business under other names including Fuel4Less, Savoy Terminal, Savoy Truck Stop, and Savoy Group)

Location: 14150 Highway 418 SW
Deming, NM, 88030, US

URL: http://www.savoytravelcenter.com/

Category: Other

In 2009 and in 2010, an individual investor (not an institutional one) loaned a combined $250,000 in high-return promissory notes to this company (owners and principals include Sean Curtis, Bill Evans, and Art Herlihy).

The money (principal plus interest) some of it now nearly a year in DEFAULT and now OWED by Savoy Travel Center (as of today) is $349,000. They have not made a payment in months and so a lawsuit has been filed against them for "DEBT AND MONEY DUE ON PROMISSORY NOTES, FRAUD IN THE INDUCEMENT AND UNFAIR TRADE PRACTICES."

SIXTH JUDICIAL DISTRICT COURT

COUNTY OF LUNA

STATE OF NEW MEXICO

No. CV-2011-00153

PLAINTIFF

vs.

SAVOY TRAVEL CENTER LLC

a New Mexico LLC

This lawsuit is active and current as of today's date. A private investor that lent money in good faith has been hurt financially by this company.


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