Well, the Eleets saga continues. After abruptly closing its door in November of 2012, the brokerage and trucking company based out of Jacksonville, FL left a whole lot of people out to dry, including Wells Fargo Bank which claims that they are owed more than $5.7 million. Owner Operators and carriers alike who are owed money currently have no recourse since even though the company is closed, they never filed for bankruptcy. Check out the story we ran on this topic last week.
Well now a petition to force Eleets into involuntary bankruptcy has been filed by legal services company Weiss, Spencer and Levin. The company, which specializes in handling unpaid carrier bills, filed the petition on behalf of several of its clients.
“We rarely go this route – placing a company into an involuntary bankruptcy situation – but this is just a unique situation,” said Elise Rosamonda. “We know of so many carriers that were absolutely devastated by them just abruptly shutting their doors.”
Rosamonda said that Wells Fargo and some of the carriers are demanding payment for loads, but shippers are concerned that they may pay the wrong person and end up having to pay twice.
“We hope to argue on behalf of the actual delivering motor carriers that the freight charges pledged to Wells Fargo were grossly encumbered by the carriers’ freight charges, and Wells Fargo failed to do its due diligence to ensure the accounts receivable are wholly owned by Eleets,” she said.
This looks like it will be the first of many attempts to try and recover some of the money lost when Eleets closed its doors. Whether or not this will be a successful tactic against a company that is already dead remains to be seen.
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Source: landline
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