American Synthol filed a Chapter 11 petition
in the Northern District of Georgia last week
after what is described as a dispute
over payments for lubricants
manufactured by I.S.E.L. for Snythol.
Tracks of the dispute are seen in the
breach of contract suit I.S.E.L. filed
against American Synthol in the Florida
Middle District Court on September 10, 2008.
According to the filing, I.S.E.L. seeks
$75,000 for what it says
is Synthol's breach of contract.
According to a court document filed by
I.S.E.L., American Synthol's largest
is I.S.E.L. Inc. of Jacksonville, is owed
American Synthol, of Marietta, Ga., has been
in operation since 1983. The company produces
high-performance and specialty lubricants
under the Amerilube brand name. In addition,
the company is a supplier of private label
I.S.E.L., Inc. is a custom contract
manufacturer and packager of lubricants. The
company is located in Jacksonville Florida.