The Saint Croix Courier

St. Stephen, NB

2009 Feb 17

LNG developer faces lawsuit

PERRY, Me. – A Massachusetts firm hired by Quoddy Bay LNG to perform engineering work on their proposed natural gas pipeline is suing the company as well as its two principals, Donald Smith and Brian Smith, for failure to pay outstanding bills, according to the Quoddy Tides.

The Eastport-based newspaper reports that to recover its cost of services, Coler and Colantonio Inc. is asking the Washington County Superior Court to order a seizure of the Quoddy Bay LNG office in Perry, the former Lobster Crate restaurant on Route 190, which is owned jointly by Donald Smith and Brian Smith.

The suit, says the newspaper, alleges that, “Quoddy Bay is thinly capitalized and/or insolvent,” and Coler and Colantonio state other creditors are owed in excess of $2 million. The lawsuit asks the court to “pierce the corporate veil” and establish the joint liability of the Smiths, alleging that they have abused the limited liability company form by “confused intermingling of activity between the individuals and the limited liability company.


© 2009 Advocate Media
Article republished on Save Passamaquoddy Bay website with permission.

The Saint Croix Courier, St. Stephen, NB