ST. LOUIS — A creditor is suing ORHI 2000 LLC, Sultan S. Issa and Sakeba N. Issa of Hinsdale, Illinois, citing alleged breach of contract and unpaid debt.
Central Bank of St. Louis filed a complaint on Jan. 23 in the U.S. District Court for the Eastern District of Missouri against the defendants, alleging that they breached their duties of good faith and fair dealing.
According to the complaint, the bank alleges that on April 8, 2014, it suffered monetary losses after it lent a principal amount of $6,075,000 to ORHI 2000 and guaranteed by Sultan Issa and Sakeba Issa. The complaint states that the defendants failed to pay the loan in full and in a timely manner according to the agreement, and penalties and interest have accrued. The bank holds ORHI 2000, Sultan Issa and Sakeba Issa responsible because they allegedly failed to make payments as required by the terms of the loan and in response to demand by the bank.
Central Bank of St. Louis
requests a trial by jury and seeks judgment against defendant in the amount of $3,078,339.93, plus interest of $1,456.58 per diem from Jan. 20 thereon, costs of collection, attorney's fees and further relief as the court deems just. The bank is represented by Larry E. Parres and R. Bradley Ziegler of Lewis, Rice & Fingersh LC in St. Louis.
U.S. District Court for the Eastern District of
Case number 17-cv-00262