According to a Feb. 21, 2024 report by the Statesville Record & Landmark, a judge has granted a temporary restraining order against the owner of Everything Attachments, a direct to customer implement manufacturer who does all its selling online.
According to the report, the motion was filed after Fidelity Bank sought a restraining order and temporary injunction against the company earlier in the month.
The paper reported:
In 2023, Fidelity Bank filed a lawsuit against Conover businessman Ted Corriher, T.C. Corriher Implement Company and Landshark Attachments to recover nearly $8 million from a construction loan, as well as a $1.5 million line of credit.
Court documents filed in Wake County show the bank is asking for repayment of the loan, as well as possession of the company’s inventory.
Court documents show the defendants have transferred multiple real estate assets to other members of the family, and Ted Corriher, owner of Everything Attachments, had recently diverted more than $700,000 in loan funds, according to the Statesville Record & Landmark.
According to the report, Fidelity is seeking $7,883,293.57 plus interest on a construction loan to be paid in full. Fidelity is also seeking more than $1.5 million due on a line of credit.
A number of message board and social media groups are full of messages from customers who ordered equipment months ago and have not received products they have paid for. Customers have reported that the voicemail box for the company is full.
In addition, the paper reports that county tax records list the company delinquent on a $52,152 tax bill.
The full report can be found here.
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