A May 30th date has been set for hearing to see if Brian Kemp lied. If this is true, and Kemp did lie to make money, then that would be evidence he should not be Georgia Governor.
Apparently, an Investment company, TLP Investments is suing Brian Kemp and his Company for Lying to make $500,000.
The lawsuit was originally filed by Toccoa-based RLP Investments LLC against Kemp, Hart AgStrong LLC and Robert E. Davis.
RLP Investments issued a press release about the case Friday, in which it said the lawsuit was filed to reclaim a $500,000 business loan that was in default. The investment company said it had been a loan originator to Hart AgStrong.
“We loaned $500,000 to Hart Ag Strong, LLC, based in part on personal guarantees from Robert Davis and Brian Kemp, who were engaged in the production and sale of canola oil to other agriculture businesses,” RLP principal officer Rick Phillips said in a statement.
A motions hearing in the case is currently scheduled to take place in Gwinnett Superior Court at 9 a.m. May 30.
The case specifically centers around a 2016 loan RLP made to Hart AgStrong. It was the investment firm’s second loan to the Bowersville-based agricultural company, which produces canola and sunflower oil and meal.
“Canola oil, for example, is a popular and health-conscious food or feed-additive according to our market research,” Phillips said. “Our original loan of $600,000 to Hart AgStrong was repaid in a timely way, but the subsequent loan ($500,000) is in default. It’s disappointing that they won’t pay, and we are forced to file a lawsuit whenever a loan is in default like this one.”
There are a number of facts that need verification.
- What did the RLP Press release say?
- Did Kemp have anything to do with the default? The lawsuit says he did. Kemp says he did not. That should be verifiable.
- Did Kemp lie to RLP?
- The lawsuit says Kemp gave “personal guarantees.” That should be verifiable.
It is interesting to note Kemp’s response:
During my 30 years as a small businessman, I have invested in dozens of companies in Georgia
I am one of many investors in Hart AgStrong and know they are working hard to resolve this issue.
So, he is saying he was not involved. The lawsuit says he gave them his personal guarantee. Ok. That should be verifiable. We should request correspondence between Kemp and Hart AgStrong to see if Kemp is telling the truth. I suspect, if asked Kemp would not allow this. And if he does allow it, we know why.