Colt Safety, a safety products distributor, is fighting with Triad Bank over unpaid loans totaling $1.2 million.
The legal squabble, playing out in St. Louis County Circuit Court, has led to a receiver being appointed for the business. Colt has laid off all but one employee and moved out of its Brentwood headquarters.
Triad Bank filed a breach of contract lawsuit on March 27 against Colt Safety Inc., its founder and chief executive Christine Bierman and her husband, David Bierman.
In the civil suit, the bank claims the Biermans, who live in Olivette, signed several promissory notes from 2005 to 2010 that are now in default. Nearly $1.2 million in principal is due on the loans, in addition to interest and attorneys’ fees, according to the suit.
The bank also accuses the Biermans fraudulently concealed company funds deposited at two other banks instead of Colt Safety’s account at Triad, which violated the terms of the loans. The couple denies the accusation of fraud.
"When you're dealing with both [unstructured and structured data], it's just a massive undertaking," Shonebarger said in an interview. "To make sure the data is up-to-date, to get it where it needs to belong at the right time, to store it, back it up, retrieve it--all of that is getting more complicated."
Virtualization is another part of the story--more than 90% of Hit Promotional's IT infrastructure runs virtually, and that will soon hit 100%. That wasn't always the case. The company first dipped its toes into the virtual pool back in 2007 when it turned an extra server into a virtual host to test the technology. "Before we knew it, we had 15 or 16 [virtual machines] running on it, and no redundancy," Shonebarger said. In 2009, Hit Promotional made a significant investment to take everything but its email system virtual, deploying a VMware environment on Dell servers, backed up to an EqualLogic storage area network (SAN). For all of virtualization's benefits , the transformation
My 1975 ford truck with 351M Engine eats the distributor drive gear up?
Jun 05, 2008 by Charles | Posted in Maintenance & Repairs
My 1975 ford truck with 351M Engine eats the distributor drive gear up. I already changed the cam and gear, but it still does the same thing. What could the problem be?
Either the cam thrust bearing or the cam journal bearings are sloppy, allowing the cam to move in all sorts of interesting ways when the engine is running. End result is the gear gets eaten up, or worse, the cam gets in a bind, and breaks.
Replace the cam bearings. If it's an extremely high-mileage motor, consider a full rebuild. After all, it is over 30 years old.
Galaxie500XL | Jun 05, 2008
mercruiser 140 camshaft gear messing up or grinding with the distributor drive gear?
Jun 27, 2008 by rith p | Posted in Boats & Boating
this is the second distributor that i went through. it is for my mercruiser 140 4 cyl. 1 st problem was the distributor drive gear got chew up so bad it wont turn the rotor. 2nd same thing but notice it before it got really mess up. so was wondering what could have cause it? bad cam bearing? or the camshaft itself gears on the cam doesnt look to mess up but its still in the engin
If your engine is late 1990's MC140 this is a very unusual problem. The engine is unique to Mercruiser. If the distributor failed, I'll bet that this engine has been "rebuilt" or other service done because of problems with the exhaust manifold. Bottom line is that you need to have it checked by an "engine" man. It sounds like the camshaft is not properly aligned. My memory is that there is a long shaft that drives the oil pump, that is a part of this distributor. Secondly this dist. is "non-automotive" and I've only replaced one in 20 years, and that was because of a bearing failure.
Richard C | Jun 27, 2008
Hmmm? sounds like you are getting a lot of endplay in the cam the cam has a plate behind the timing gear held in with two screws (thrust plate) if it backed the screws off could let the cam "walk" back an forth wearing the dist gear teeth one easy to check is to try and push the cam gear forward and back with the dist out of its hole in the block take a screwdriver and "CAREFULLY" push the cam gear torwards the rear and then towards the front sould only feel a few thousands of an inch clearance but if it moves quite a bit you need to pull front timing cover and investigate why hope i helped you also check oil pump drive for binding good luck
Frank B | Jun 27, 2008
i've never changed a bushing for the distributor drive gear. How hard is it?
Jul 29, 2009 by Karrie | Posted in Maintenance & Repairs
this is for a 92 dakota
on a scale of 1-10 about a 10 if you have never pulled a distributor out do not do it. If you were able to get it out which is easy after you set it on the number 1 cylinder TDC and mark it. If you do not put it back in the exact way it came out TDC on 1 you can screw up your motor. This is best left to a professional
| Jul 29, 2009
if your not a mechanic dont try it
werkingman | Jul 29, 2009
can I use internal engine parts in my boat from a car engine - distributor drive gears are bad?
Aug 15, 2009 by Don | Posted in Boats & Boating
2.3 liter OMC cobra 1989
Gears are gears, but they must fit many dimensions. Shaft size, teeth number, angle of teeth, outer diameter, teeth hieght, width, all sorts of things. You can modify some of these, it just depends. You can drill out the shaft hole, or get a bushing to make it smaller. Things like that.
mchlmpls | Aug 15, 2009
89 jeep wrangler, distributor gear has sheared off, where do i need to start looking for the problem?
Sep 08, 2007 by Robert R | Posted in Jeep
this is the second time it has done this te first time it backfired i replaced it and re torqued every thing and re set the timing, this one i drove less than ten miles. the engine sputered and died. went to check the timing while moving the harmonic balencer there was no movement of the roter button on the distributor. any ideals where i need to start
If the distributor also runs the oil pump as well , the problem is debris getting into the pump and locking it up which shears the cam gear by design---my old Charger RT 440 had the same problem from the plastic valve seals breaking up from heat and getting into the oil pan, then getting sucked up by the pump and locking it up. Luckily, it had an external pump and I could fabricate a screen to go over the inlet that I could clean out periodically and not have to drop the pan. On yours, you'll probably have to drop the pan, clean out the pump or replace, replace the oil pickup tube and screen and see what debris is getting into the pump.
Gear changing is handled through the handlebars, and the direct drive brushless DC hub motor produces up to 4.5kW of energy. Besides being available in and more »
Jeep Creep Off-Road Q&A (Dec.)1100 RPM is way too high (I can just picture you trying to creep down a steep trail in low gear/low range with 1100 RPM trying to hurry you up!).
Retailers Don't Want to Have Excess Stock on ChristmasBukary continued: “The wholesale / distribution sector is used to pressure from their retail partners, but need to gear up for today's unpredictable trading
KB: Each country and market needs another approach and in the different markets each distributor or reseller has other expectations as well.
Jeep Creep Off-Road Q&A (Dec.)1100 RPM is way too high (I can just picture you trying to creep down a steep trail in low gear/low range with 1100 RPM trying to hurry you up!).
