RICHMOND, Va. (BRAIN) — Giant Bicycle has filed a lawsuit against Coqui Cyclery for unpaid inventory, while a customer is suing the same shop saying the retailer took payment for a bike assembly that was never completed.
Giant's suit was filed in the Circuit Court for Richmond City and alleges that Coqui Cyclery owner Clinton Kronenberger Jr. owes $144,118. According to the lawsuit, Kronenberger breached his credit application agreement signed in 2017 by failing to pay the amount for the sale of goods on an independent dealer.
Giant also is asking for prejudgment interest of $1,208.22 and attorney fees of $21,617.79.
Meanwhile customer Wayne Cox filed his warrant in debt lawsuit in Richmond City General District Court against Kronenberger, alleging Cox paid $6,500 for the promised bike build. A hearing will be held Jan. 26.
"I trusted Clint," Cox told WTVR-TV 6 News in Richmond. "I've done a lot of business with him the last three years on high-end bikes."
Coqui Cyclery has been closed since early December, and the phone is disconnected. On Thursday, a Coqui Cyclery Facebook post said the store is still open and will resume business in mid-January.
"All customer product and bicycles are safe and will be returned to clients promptly upon reopening," according to the post. "We have served our community faithfully for 12 years and we wish to do so for years to come. Anyone who has been to our shop has always known that we are a passion based business and love what we do. The closing was unavoidable and unfortunate. We truly do apologize to our community of clients and friends for any stress or inconvenience that this 25 day business closure has caused."
