A St. Louis County judge ordered Wednesday that The Crack Team, a foundation repair company, should pay $530,755 in past and future damages to a franchise brokerage in a breach-of-contract suit.
AMG Franchises Inc. is owed $50,155 in past-due royalties, fees for chemical sales by a franchisee in St. Charles County, and legal fees, Cicardi Bruce, its vice president, testified.
Under a settlement agreement dated Aug. 11, 2004, the contract between Chesterfield-based AMG and the foundation repair company runs until 2022, so AMG should be paid $480,600 for future years of royalties and chemical sales, said AMG‘s lawyer, Paul H. Rechenberg, in his damage request.
No one representing The Crack Team showed up Wednesday morning, and there has been no official response to the suit that was filed in October. So Judge John F. Kintz entered the default order in AMG‘s favor for the full amount of $530,755. More.
e² Young Engineers
Build Your Tomorrow. Today! CLICK HERE TO VISIT OUR WEBSITE Background: We are e² Young Engineers Young Engineers enrichment programs combine education + entertainment = edutainment. We created a variety of different programs that can be used to teach science, technology, engineering, math (STEM). Children joining our educational community can learn and enjoy arithmetic, physics, […]
Motiply Mobile App Business
Make Money – Start a MOBILE APP Business Mobile websites are hot and in demand like never before thanks to the explosion of mobile devices such as smartphones and tablets. Businesses are paying BIG money for mobile website and app design and now YOU can get a piece of the action! The With our training […]
Open A Boutique
FREE Tools Guide on “How to open an online or brick & mortar Boutique – on a budget”