Listen Now ButtonListen Live Now!

Mailing List ButtonSign up for our Mailing List!

10-01-2016 LSU Pregame

Judge gives deadline for sorting out Mamtek claims

Local

Judge gives deadline for sorting out Mamtek claims

HUNTSVILLE, Mo. (AP) — A judge has ruled that construction contractors who haven’t been paid for work on a failed artificial sweetener plant in Moberly have about three months to sort out who will get money. The Columbia Daily Tribune reports that Judge Scott Hayes told lawyers Friday they have until September 15th to notify […]

Judge gives deadline for sorting out Mamtek claims

HUNTSVILLE, Mo. (AP) — A judge has ruled that construction contractors who haven’t been paid for work on a failed artificial sweetener plant in Moberly have about three months to sort out who will get money.

The Columbia Daily Tribune reports that Judge Scott Hayes told lawyers Friday they have until September 15th to notify him if they’ve reached an agreement on who has the strongest claim to $625,000 held by Randolph County court.

The contractors did preliminary work for the Mamtek plant. Construction started in 2010 but ended in 2011 after the company missed its first bond payment and bond funds set aside for the construction were gone.

The money being held by the court is the amount paid by MFA Oil to buy the incomplete factory and surrounding property.

Share:
  • googleplus
  • linkedin
  • tumblr
  • rss
  • pinterest
  • mail

By Colin Jeffery

There are 0 comments

Leave a comment

Want to express your opinion?
Leave a reply!

Error, no group ID set! Check your syntax!