Cook County Record

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Everest Business Funding seeks $106K in breach of contract suit against Homewood company

By Annie Cosby | Jul 11, 2014

A Florida company is suing over another company it alleges breached a contract for the purchase of future receivables.

EBF Holdings LLC, doing business as Everest Business Funding, filed a lawsuit July 1 in the Cook County Circuit Court against Homewood Mobile, doing business as S&S Mobil.

According to the complaint, EBF Holdings entered into a contract with Homewood Mobile on Jan. 31, when the plaintiff purchased all rights to the defendant's future receivables with an agreed upon value of $144,000.

EBF asserts the defendant approved a bank account from which it could make daily withdrawals from until the $144,000 was paid, but eventually impeded the withdrawals before paying the full amount.

The suit includes counts for breach of contract and unjust enrichment. EBF Holdings is seeking $106,800, the amount the defendant still allegedly owes, as well as attorney's fees, costs and interest.

EBF is represented by attorneys with Bleecker, Brodey & Andrews in Indianapolis.

Cook County Circuit Court Case No. 2014L006936.

This is a report on a civil lawsuit filed in the Cook County Circuit Court. The details in this report come from an original complaint filed by a plaintiff. Please note, a complaint represents an accusation by a private individual, not the government. It is not an indication of guilt, and it only represents one side of the story.

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