Euler Hermes North America Insurance Company v. Dynasty Marble & Granite, LLC
What's This Case About?
Let’s get one thing straight: this isn’t just a marble and granite company that didn’t pay its bills. No, no. This is a full-blown corporate game of musical chairs with debt, where an insurance company swoops in like a caped financial avenger, buys someone else’s unpaid invoices, and then sues for $62,786.06 like it’s their birthright. And honestly? It’s glorious.
Picture this: Dynasty Marble & Granite, LLC, a modest operation based in Jenks, Oklahoma—yes, Jenks, the city so nice they named it once—has a habit of ordering high-end stone materials. Countertops, slabs, the works. The kind of stuff that makes your kitchen look like it belongs in a Southern Living spread. Their supplier? Pacific Shore Holding, Inc., a Texas-based distributor that’s probably got more square footage of polished quartz in its warehouse than most people have in their entire lives. Business as usual: invoices fly, materials ship, deadlines loom. But somewhere around late 2023, the payments stop. Not all at once, but like a slow kitchen sink drip—first a few overdue invoices, then more, then way more. By February 2024, the unpaid balance hits a cool $62,786.06. That’s not chump change, folks. That’s a down payment on a Tesla, or a full kitchen remodel… or, ironically, a lot of marble.
But here’s where it gets deliciously corporate. Pacific Shore didn’t just sit there crying into their ledger. They had insurance. Not health insurance. Not car insurance. Trade credit insurance. Yes, that’s a thing. It’s like a financial safety net for businesses that sell on credit: if your customer ghosts you, the insurance company steps in and pays you—so you don’t go under because Bob from Tulsa skipped town with $60K worth of Italian Carrara. Enter Euler Hermes North America Insurance Company, the self-proclaimed “assignee” in this drama. They paid out the claim to Pacific Shore, took ownership of the debt (via a very official-looking Assignment Agreement dated May 28, 2024), and now—drumroll, please—they’re the ones knocking on Dynasty Marble’s door. Or, more accurately, filing a lawsuit in Tulsa County District Court.
Now, you might think: “Wait, so an insurance company is suing a countertop shop over a debt they didn’t even originally own?” Bingo. That’s exactly what’s happening. Euler Hermes isn’t mad about the marble. They’re mad about the money. And they’ve got the paperwork to prove it—pages and pages of invoices, each more dramatic than the last. Invoice 21498066: $52,171.69. Invoice 21504560: $15,675.79. The dates stack up like a horror movie countdown: September 2023, October, November, December… all the way to February 2024. Due dates come and go. Payments? Crickets. The customer statement reads like a tragic financial opera—running balances climbing higher, credit slowly evaporating, and by the end, the entire $62,786.06 is either 61–90 days late or over 90 days past due. That’s not just late. That’s “forgot your own birthday” late.
So why are we in court? Because Euler Hermes, now the proud legal owner of this debt, wants their money. They’re suing Dynasty Marble for breach of contract—basically saying, “You agreed to pay. You didn’t. Now we’re taking you to court.” It’s not about fraud. It’s not about defective granite. It’s about a simple, brutal truth: you get the stone, you pay the bill. And when you don’t? Someone else comes to collect—with interest. Oh yes, they’re asking for 18% annual interest from April 8, 2024, onward. That’s the kind of rate usually reserved for payday loans and bad decisions. Add on attorney’s fees, court costs, and a sprinkle of corporate indignation, and you’ve got yourself a lawsuit.
Now, is $62,786.06 a lot? In the grand scheme of civil court, it’s not exactly King v. Queen of Hearts levels of extravagance. But for a local stone fabrication business, it’s a serious chunk of change. That’s payroll for months. That’s equipment maintenance. That’s not skipping a payment because you forgot to balance the checkbook—it’s a systemic failure. And yet, Dynasty Marble & Granite hasn’t shown up in this filing. No defense. No counterclaim. No “actually, the slabs were chipped” excuse. Just… silence. Which makes you wonder: did they go under? Did they just decide countertops weren’t worth the stress? Or are they playing the long game, hoping Euler Hermes gets bored and walks away?
Our take? This case is the perfect blend of mundane and magnificent. On the surface, it’s a dry, by-the-books debt collection suit—something that probably happens a thousand times a day across America. But the layers! The insurance company stepping in like a debt superhero! The cold, clinical precision of the customer statement, ticking up like a financial doomsday clock! The fact that someone, somewhere, thought $62,786.06 was worth a full legal petition, notarized affidavits, and a trip to the Tulsa County courthouse! It’s not sensational, but it’s symphonic in its petty corporate drama.
And honestly? We’re rooting for the paper trail. Not because we love insurance companies (we don’t), but because there’s something deeply satisfying about a system that says: “You made a deal. You broke it. Now the paperwork comes for you.” Whether Dynasty Marble is down bad or just plain bad at paying bills, one thing’s clear—nobody escapes the invoice. Not even in Jenks.
Case Overview
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Euler Hermes North America Insurance Company
business
Rep: REYNOLDS, RIDINGS, MOGT & ROBERTSON, P.L.L.C.
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Dynasty Marble & Granite, LLC
business
Rep: null
| # | Cause of Action | Description |
|---|---|---|
| 1 | breach of contract | plaintiff seeks payment of $62,786.06 for goods and services furnished to defendant |