Kory Turpin, Wayne and Elaine's son, was the former owner. He left the operation Nike Air Max Thea 1
One of the Beach House's phone numbers connects to a woman who says she has nothing to do with the business, but has been receiving several calls a day for it, since being assigned the phone number last year.
According Nike Air Max 2015 Singapore Price
Beach House sued for more than
The Telegram left messages via Facebook and through the website for several people listed as part of the Atlantica/Beach House team, but none were answered.
Not newsworthy? When our tax dollars are used to fund a restaurant while restaurant owners in the rest of the province are using their own collateral and commercial bank loans that is more than news it is disgusting! BDC funds are supposed to be reserved for new sectors such as technology, research and development and venture capital. Plus the Town is owed taxes on this business. I can't renew my mortgage for a 2.5 interest rate. Why should corporate welfare bums get that kind of break? Let them take their own business risks. Definitely newsworthy. Hope to see more follow up stories.
The loan was partly secured by a guarantee by Wayne Turpin and Elaine Turpin, limited to 25 per cent of the outstanding balance requiring the Turpins to pay $131,155.82.
do reporters really have to plaster it all over the news? Where not talking about the banks going bust over a measly 500k here! Talk about rubbing salt into a wound! Jeeze, give them a break!
First I have to say give me a break with the location being an investment opportunity for a 5 star restaurant to make it! For townies that's the boonies and at best you would have a 3 month busy period for tourists etc.
The provincial government's online business registry lists Alana Walsh Giovannini, Robert Giovannini and Taylor Giovannini as the current directors of The Beach House, Inc.
Please keep investigating this story. Something very fishy here ( no pun intended) but I went to the website last night and photos of staff were still on there and if they had nothing to do with the default they should demand to have their profiles removed. But not the directors and those who signed on the loan guarantee / documents.
in September 2011 to "pursue other interests," according to a note he published on Facebook in November of that year, and praised the new business partners taking over the operation. KoryTurpin died in October at 35 after a short illness.
According to the claim, the bank has also issued notices of its intention to "dispose of collateral" the assets of the Beach House but as of the date of the statement of claim, the bank had not yet taken possession or disposed of any property.
"Beach House did not repay the loan as agreed and therefore is and has been in default of the loan and the loan agreement," reads the statement of claim. "The bank demanded payment of the loan, including by demand letter dated
The building at Beachy Cove Road was empty Tuesday, with no notices published as to the status or future of the business.
OMG there is such greater and more important things going on in the world right now, ie., Russia and the Ukraine, the kidnapping of 200 plus girls to be sold into prostitution, etc. just to name a few! Come on guys, for real??? Though I feel very sad for the family and for the loss of their son and business, Air Max 2015 White Red
to a statement of claim filed April 23 with the Supreme Court of Newfoundland and Labrador, the bank lent the Beach House, Inc., $650,800 in 2008 at 2.25 per cent annual interest. The outstanding Nike Thea Joli White balance of the loan, as of Feb. 4, including interest, is $524,623.37.
Taylor Giovannini is also listed on the Beach House's website as a managing partner.
The restaurant's Facebook page was last active in January, with recent queries from people about the disconnected phone numbers going unanswered.
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