OCALA – A Hong Kong corporation is suing Leesburg metal products supplier over claims it broke an agreement to ship steel plates from China to the U.S.
Yieh Corp. LTD filed a complaint on April 5 in the U.S. District Court for the Middle District of Florida, Ocala Division against Metro Steel Pipe & Supply Inc.
citing alleged breach of implied covenant of good faith and fair dealing.
According to the complaint, the plaintiff alleges that the defendant ordered carbon steel hot-rolled plates for the total purchase price of $265,000, which shipped in September 2015.
The plaintiff holds Metro Steel Pipe & Supply Inc. responsible because the defendant allegedly instructed the bank to deny the plaintiff's right to draw under the letter of credit, repudiated their agreement before the products arrived in Savannah, Georgia, refused to accept delivery and refused to pay $278,530.90.
The plaintiff alleges it sustained substantial financial losses, including storage costs, loading and uploading costs, insurance and customs charges.
The plaintiff requests a trial by jury and seeks compensation for all damages, plus prejudgment interest, costs and for such other relief that the court may deem just and proper. It is represented by Mayanne Downs and Michael D. Lessne of GrayRobinson PA in Orlando and John C. Maloney Jr. and Alan C. Chen of Zuber Lawler & Del Duca LLP in Los Angeles, California.
U.S. District Court for the Middle District of Florida, Ocala Division Case number 5:16-cv-00262