federal judge has issued a default judgment for nearly $280,000
against Global Family Recycling LLC, Warren, Mich., and owner
Joe Skorupski for allegedly shorting Choice Trading LLC in
Choice Trading said in
a lawsuit filed in U.S. District Court in Michigan that it
invested in a scrap metal venture with Natural Blue Resources
Inc. and was promised 2,000 tonnes of steel from a Warren
demolition project for $400,000 (
amm.com, Nov. 28, 2011). Choice advanced the
money, but after receiving only 800 tonnes was informed that
Global Family would be assuming the contract from Natural Blue
and was assured that delivery of the scrap it was promised
would not be impacted, it said.
Skorupski and Global
Family failed to defend or respond to the lawsuit, so the judge
ruled in Guttenberg, N.J.-based Choice Tradings favor,
according to court documents.
sought $240,000 in damages, but the judge awarded another
$39,669 to cover costs, interest and legal fees.
unable to reach Skorupski and Global Family for comment.