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American City Business Journals is suing former Tampa Bay Business Journal publisher Bridgette Bello for repayment of loans granted in 2008 and 2009 totaling more than $195,000, reports Peter Schorsch of Florida Politics.
Schorsch writes, “Bello, then going by the name Bridgette Mill, signed two promissory notes with ACBJ in 2008 and 2009. The first, for $250,000, was meant ‘to assist Bridgette Mill with her relocation to Tampa, Florida and the purchase of a home,’ according to a copy of the note filed with the lawsuit on Jan. 9.
“The note called for repayment ‘from the proceeds of the sale of her former residence in Jacksonville, FL’ or ‘from the net proceeds of future bonus payments, starting with the bonus paid for 2008.’
“The note states the balance is due ‘at once if the employment … with the Lender or a subsidiary of the Lender shall terminate for any reason.’
“Bello was terminated from TBBJ, a subsidiary of ACBJ, on Jan. 15, 2018, according to the lawsuit.”
Read more here.
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Image and article originally from talkingbiznews.com. Read the original article here.