Quantcast

SOUTHEAST TEXAS RECORD

Thursday, April 18, 2024

Oil field services tech business alleges Louisiana corporation owes more than $1 million

Law money 06

HOUSTON — A Houston oil field services technology business is suing a a Louisiana company, alleging failure to pay to more than $1 million.

CARBO Ceramics Inc. filed a lawsuit July 7 in the Houston Division of the Southern District of Texas against Shale Support Service LLC, alleging breach of contract and failure to comply with the terms and conditions of the sublease agreement.

According to the complaint, on March 2, 2015, CARBO entered into a sublease agreement with Shale Support to provide the sublease of 200 rail cars at a rental rate of $550 per rail car per month, for total monthly rent of $110,000 per month. The suit says the plaintiff has suffered financial damages, including lost rent, totaling $1,334,176 because the defendant has failed to pay. 

The plaintiff alleges the defendant has failed to make payments for the total amount owed under the sublease agreement.

CARBO Ceramics seeks a trial by jury, judgment and relief for all amounts due totaling $1,334,176, attorney fees and collection costs, pre- and post-judgment interest and any other relief to which it is entitled. It is represented by attorneys Tom Van Arsdel and J. Tanner Honea of Winstead PC in Houston.

Houston Division of the Southern District of Texas Case number 4:16-cv-01998

More News