Trevisiol, Rivera go to court Monday
Published 12:00 am Saturday, August 9, 2008
NATCHEZ — On Monday Mark Trevisiol will have his day in court.
Trevisiol, founder of Noront Recycling, reportedly financially backed John Rivera in a biofuels development facility that ultimately failed.
At the time Rivera received the funding he was acting as CEO of U.S. Sustainable Energy Corp.
The money was meant to back a Port Gibson-based plant that was supposed to turn shredded tires and other feedstock into biofuel.
Now the Port Gibson facility no longer exists and Trevisiol is seeking restitution.
He reportedly gave Rivera $37,000 in funding for the project.
In September 2007 an Adams County judge refused a motion from Rivera’s attorney to dismiss the case.
And Trevisiol’s attorney, Rick Bass, maintains his client has never seen any benefit from his investment.
“As set out in the complaint, he is simply looking to recover the benefit of the bargain he made with Rivera. In exchange for buying the facility Rivera was using in Port Gibson to develop and demonstrate his process and providing a specified amount of bridge financing, my client was supposed to receive certain rights in Rivera’s process and the sale of any by-products of the process, in addition to rent and other consideration. The complaint alleges that Rivera never intended to perform his side of the bargain,” Bass said.
Claude Pintard, Rivera’s attorney, could not be reached for comment.
The case is scheduled to be heard at 9 a.m. on Monday with Chancery Court Judge George Ward presiding.