Judge Calls Out Colorado Company for Paying Court Ordered Settlement With 3 Tons of Coins
All that glitters is not gold - especially when it comes in the form of 3 tons of loose coins. That's the lesson one Colorado company learned when they tried to pay off a $23,500 settlement with a subcontractor in a rather unconventional way.
A Colorado business wants to pay off its $23,500 debt to another company in three tons of coins, according to a report.
JMF Enterprises, a welding company, thought they could outsmart the court by delivering a custom-made metal box filled with coins as payment. But Judge Joseph Findley was not amused. He ruled that the company "acted maliciously and in bad faith" and ordered them to pay the settlement through more conventional means, like a good old-fashioned check.
The box of coins, weighing a whopping 3 tons, was too heavy to be carried by the freight elevator at the offices of Fired Up Fabrications' lawyers. And let's not forget the forklift required to move it. Talk about a hassle!
Not only did JMF's attempt at payment cause a major inconvenience, but they also have to cough up an extra $8,092 to cover legal fees for the ensuing dispute. Looks like their attempt to be clever backfired big time.
John Frank is the owner of JMF Enterprises
But the real question is, why did JMF think this was a good idea in the first place? Their lawyers claim that the settlement agreement did not specify how the money was to be paid and that the coins were a "symbolic middle finger."
Really, guys? A middle finger made out of coins? That sounds like something out of a cheap magician's trick.
However, Fired Up Fabrications' lawyer, Danielle Beem, saw right through their coin stunt.
She called it a "symbolic middle finger.” And let's not forget that JMF and Fired Up Fabrications used to be "very close friends" before the lawsuit. Looks like their friendship didn't stand the test of a hefty settlement.
A Colorado business wants to pay off its $23,500 debt to another company in three tons of coins, according to a report.
In the end, Judge Findley called them out for their malicious actions. And with photographic evidence showing the coins were dumped randomly and loosely into the container, it's clear that JMF was just trying to make life difficult for Fired Up Fabrications.
Lesson learned, JMF. Next time you try to pull a coin trick, maybe leave it to the professionals. After all, sticking to the legal system's tried and true methods of payment is worth more than a few flashy coins.