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re: Avenatti Hit With More Unpaid Debt. Owes Dillanos Coffee CEO $110,000 for unpaid bills

Posted on 11/2/18 at 11:15 am to
Posted by BBONDS25
Member since Mar 2008
49572 posts
Posted on 11/2/18 at 11:15 am to
quote:

Tully Coffee is obviously the debtor for the purchase of the coffee it would be selling. Do we know whether Avenatti gave a personal guarantee of this debt?


Good lord hero hank. You are insufferable sometimes. Sometimes, even you, need to be taught a little something. Can you think of a scenario where avenatti would owe money to the supplier? This is basic business law stuff.

I think maybe in your zeal to be the educator of the board, you sometimes miss stuff.
This post was edited on 11/2/18 at 11:18 am
Posted by AggieHank86
Texas
Member since Sep 2013
42941 posts
Posted on 11/2/18 at 11:23 am to
As I understand this business entity, Avenatti owned the bulk of the shares in the “parent” company, and the parent company purchased all the beans for sale/delivery to individual stores. I do not understand him to have been the equivalent of the guy who owns a single Chik-Fil-A. He was more like Truman Cathy (on a much smaller scale, obviously).

But you are reading too much into my post. Based upon my understanding, it does not seem likely that he is liable as the primary debtor.
quote:

Can you think of a scenario where avenatti would owe money to the supplier?
Yes. The most likely is a personal guaranty.

So, I ask again “Did he execute a guaranty?”. I have searched and cannot find anything about this dispute other than Daily Caller “reporting.”

Or is it just POSSIBLE that a publication friendly to Trump wrote an article slanted against a Trump opponent?
This post was edited on 11/2/18 at 11:26 am
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