A Seattle-based company is seeking foreclosure and at least $100,000 from Salty’s at the Falls Restaurant in a dispute over construction expenses.
Wilson & Dean Construction Co. Inc. claims Salty’s parent company Happy Guest International Inc. failed to fully pay the company for remodeling and expanding the restaurant. A lawsuit filed Feb. 9 in Superior Court also claims Happy Guest was late in making other payments.
The chief financial officer of Happy Guest said the lawsuit allegations are untrue. “We feel we have paid them everything they are due and in fact more,” said Scott Switzer.
Happy Guest has paid Wilson & Dean $1,350,000 for construction services, and the contract stipulated that Happy Guest pay no more than $1,250,000, he said.
In addition, Happy Guest is considering legal action against Wilson & Dean, which has since folded, for failing to keep a one-year warranty on construction.
Such construction-related disputes rarely go to trial, but the case could be heard in November if an out-of-court settlement can’t be reached and attorneys reject arbitration.
Wilson & Dean also includes vendors, rental agencies and the property owners in the lawsuit.
sponsored Jargon is confusing, by definition. And the financial world has its own set of cryptic words.