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Transport 3 tons of coins to partner company to pay contract

Báo Thanh niênBáo Thanh niên26/10/2023


On October 26, Business Insider reported that JMF Enterprises, a welding company in Colorado (USA), was criticized by a judge for acting "maliciously and in bad faith" when paying $23,500 (VND 570 million) in coins.

In a ruling earlier this week, Larimer County District Judge Joseph Findley disapproved of JMF Enterprises' method of payment in the form of a truckload of coins, saying the practice was intended to "annoying and frustrating" recipients through a "cumbersome and costly" payment method.

Chở 3 tấn tiền xu đến công ty đối tác để thanh toán hợp đồng  - Ảnh 1.

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BUSINESS INSIDER SCREENSHOT

Findley ordered JMF and its owner, John Frank, to pay the Colorado-based subcontractor in a more convenient manner, such as by check or money order. He also ordered JMF to pay costs and attorneys’ fees on behalf of Fired Up Fabrication.

The dispute arose after JMF hired Fired Up Fabrication to do work on an apartment building, according to CBS News. It is unclear when the contract went into effect. However, the subcontractor later filed a civil lawsuit, claiming that JMF had failed to pay the workers properly.

The two companies then entered into mediation to resolve the dispute in July, and JMF agreed to pay Fired Up Fabrication $23,500. Their agreement did not specify how the payment would be made.

In August, JMF hired a truck to transport the money to the Fired Up Fabrication headquarters, in the form of 25-cent coins. The total weight of the pile of money is estimated to be more than 3 tons.

“Even if I wanted to get these coins, there’s no way I could,” Danielle Beem, a legal representative for Fired Up Fabrication, told CBS. The elevator in Beem’s office building has a capacity of less than 1.5 tons.

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