Winnipeg Free Press - ONLINE EDITION
Posted: 07/23/2013 4:52 PM
A Portage auto dealer is being sued by another local firm for more than $1 million for allegedly failing to repay a series of loans.
N.M. Tilley Realty Ltd., also of Portage la Prairie, recently filed court documents alleging over a period of 11 months in 2010 it loaned businessman Mark Ram and his auto dealership, Mark’s Auto Sales Inc., a series of loans totaling more than $1 million.
Tilley states in the documents the loans were made to finance the vehicle purchases of Mark’s Auto Sales but alleges the bulk of the loans were never repaid.
Tilley is asking the court to award it $1,095,155 plus 10 per cent interest.
The allegations have not been proven in court. A statement of defence has not been filed. A court date has not been set.
Mark Ram told the Free Press that he did not want to comment about the law suit.
Have you found an error, or know of something we’ve missed in one of our stories? Please use the form below and let us know.
Having problems with the form?Contact Us Directly
Community members in shock over death of child
Teen takes responsibility for killing fellow high school football player with surprise punch
Shoppers Drug Mart becomes drive-thru
Border crossing reopened after propane leak
Report recommends ways to improve STARS
Teen hockey players facing assault charges
Florida man fined $13,000 for trying to smuggle gun into Canada
Thousands of accused people being needlessly detained: civil rights advocates
Man charged after human trafficking investigation
History is not on their side
When in Rome...
Pallister says the province can build Lake Manitoba outlets much faster
Another arrest made in Omand's Creek robbery
Jets sign Chiarot to new two-way contract
Firefighter hurt battling blaze in N.K. garage
Winnipeg's decline in crime rate well ahead of national average
Sunny today, but showers coming Thursday
Province pushes potash
Museum for Human Rights to announce opening weekend plans
Big bang rattles Transcona, N.K.
Authority of police board questioned
Grandma Elm removed to protect other trees in park
Winnipeg's crime rate continues to drop
Teachers in for lesson at Juno Beach Centre
City police, RCMP missing the mark?
That empty (nest) feeling
Musicians sing city's praises