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number6 
Re: Nedfield
Posted on 18-Apr-2013 15:58:25
#61 ]
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Joined: 25-Mar-2005
Posts: 11540
From: In the village

@thread

Quote:
From prior posts you'll see a massive amount of material through April of last year.Is it just -my- browser? Or are they all gone from the listings?


They were removed and later replaced by the same list

#6

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number6 
Re: Nedfield
Posted on 18-Apr-2013 16:01:27
#62 ]
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@thread

And now the next circus arrives in town April 9, 2013:

Leadgate S.A. v. C=Holdings B.V.

@Seer

Silly me thinking we were at least done discussing Tulip. Leadgate S.A. was a temporary funder for Tulip according to Tulip documents. Tulip also claims they were repaid in full, which makes this lawsuit even more curious...

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Last edited by number6 on 18-Apr-2013 at 04:32 PM.

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CritAnime 
Re: Nedfield
Posted on 18-Apr-2013 18:11:19
#63 ]
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@number6

Wonder if there are outstanding interest payments. They may have cleared the invested amount but there could have been interest involved and administration costs. Not unheard of because I worked for a bank in collections. People would pay off the amount borrowed in order to give some breathing space and just make smaller payments against interest. Because isn't Leadgate a private investment consortium?

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number6 
Re: Nedfield
Posted on 18-Apr-2013 18:17:27
#64 ]
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@CritAnime

Then riddle me this...

Why are they only filing now? Surely a company with an interest would have known about this case a year ago. And, as I mentioned on a.org, why file against the plaintiff who filed against Asiarim?

If you can find any relationship between Tulip and Jan Hoogstrate, fine. But otherwise, we're talking about someone filing over an unpaid Tulip debt and against people who have nothing to do with Tulip.

Feel free to respond to what else I wrote here

#6

Last edited by number6 on 18-Apr-2013 at 06:30 PM.
Last edited by number6 on 18-Apr-2013 at 06:21 PM.

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CritAnime 
Re: Nedfield
Posted on 18-Apr-2013 19:30:27
#65 ]
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@number6

Well that is the mystery. The only thing I can think of is that the payments have defaulted in some way. But this is assuming that it is indeed interest or some other cost involvement. So long as payments have been made I would presume that the original agreement was been honoured. If defaults have happened then they would be entitled to chase payments. Regardless the length of time since the agreement was set up.

However this is presumption based on personal experience with things like this. For all we know someone within the plaintiff party might be trying to get hold of rights. And this might pose an easier route for that to happen. Who knows. But thought I would add my 2 penny's worth.

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number6 
Re: Nedfield
Posted on 18-Apr-2013 19:37:59
#66 ]
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From: In the village

@CritAnime

If this helps in your thinking about chasing payments...

After we poured through hundreds of documents, we keyed in on this one line:

Quote:
the Company, SP by Design, Inc., the holders of a first right of pledge on the shares in the share capital of C= Holdings B.V. and the loans granted to Asiarim by Messrs. Ebben and Hoogstrate.


The only question was whether "right of pledge" equated to "first in line" to recover debts. When the initial suit (triggered by the licensing arm bankruptcy) got filed, by Messrs. Ebben and Hoogstrate it seemed to prove without question what we had deduced from the old Asiarim sec filings.

To be clear, I'm talking about Plaintiff C=Holdings B.V.

#6

Last edited by number6 on 18-Apr-2013 at 07:39 PM.

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CritAnime 
Re: Nedfield
Posted on 18-Apr-2013 23:57:24
#67 ]
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@number6

Looking at that I would agree. From my perspective it would appear that SP by Design held stock that was pledged by C= Holdings against debt owed first. Now I will be honest my understanding on stocks used against debt is basic but from how I understand it if a debt defaulted they would then be entitled to sell that stock to reclaim the money owed. for that to work though the stock has to be valid. And thats as far as I know about it as that was handled by a different dept. I dealt with hard assets like money and property.

Now going back to leadgate S.A. Maybe this has something to do with the new filings. Leadgate turns in it's shares of flag carrier Pluna and leaves behind $301.5 million USD in debt.

Is this new suit a way of clawing back lost earnings. If there is debt to be recovered and this is indeed the same consortium then this can explain a lot. Again I think, looking through this, that it is highly probable more debt exists and has been defaulted.

Mod's note: Fixed awkward link.

Last edited by Yo on 14-May-2013 at 02:01 PM.

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number6 
Re: Nedfield
Posted on 14-May-2013 13:25:21
#68 ]
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@CritAnime

Finally have a document list for Leadgate S.A. v. C=Holdings B.V.

Court Documents

Pay as per usual if you want to know what's going on.

Heh. 81 page initial complaint compared to 21 for C=Holdings B.V. v. Asiarim Corporation et al. This must be a pip.

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Last edited by number6 on 14-May-2013 at 01:39 PM.

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number6 
Re: Nedfield
Posted on 4-Aug-2013 16:33:48
#69 ]
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Joined: 25-Mar-2005
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From: In the village

@thread

A veritable boatload of documents have been posted since May. In fact, some of them date back before May, 2013.

Who's going to pay for this lot?

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number6 
Re: Nedfield
Posted on 4-Aug-2013 16:37:33
#70 ]
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@thread

Also updates to the Leadgate filings against the plaintiffs who filed the paperwork mentioned in the post above. [insert lol here]

Source

#6

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number6 
Re: Nedfield
Posted on 8-Aug-2013 13:32:13
#71 ]
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@thread

Leadgate amended their complaint per the judge's order:

Source

Documents show filing date by deadline, but just added to the list on the site.
Looks like at least 90 new pages.

#6

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number6 
Re: Nedfield
Posted on 21-Sep-2013 13:38:13
#72 ]
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@thread

Some new paperwork filed yesterday, indicating this is still ongoing.

#6

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number6 
Re: Nedfield
Posted on 2-Jan-2014 22:30:14
#73 ]
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@thread

Big news about C=Holdings B.V. v. Asiarim Corporation et al.....

Commodore Brand Owner Gets $1M For Infringement

This might create some ripples. Stay tuned.

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number6 
Re: Nedfield
Posted on 2-Jan-2014 22:50:18
#74 ]
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Joined: 25-Mar-2005
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@thread

Link to entire article:

http://www.law360.com/articles/496603/commodore-brand-owner-gets-1m-for-infringement

Maybe it's just my browser, but the prior link asked for a subscription to receive the entire article.

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CritAnime 
Re: Nedfield
Posted on 2-Jan-2014 23:51:28
#75 ]
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@number6

My crappy gmail is apparently not enough to register on the site as it claims you need a professional email address.

http://www.ip-lit.com/commodore-brand-owner-gets-1m-for-infringement/

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terminills 
Re: Nedfield
Posted on 3-Jan-2014 13:12:25
#76 ]
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Joined: 8-Mar-2003
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.

Last edited by terminills on 24-Jul-2014 at 01:17 AM.

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number6 
Re: Nedfield
Posted on 3-Jan-2014 13:40:21
#77 ]
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Joined: 25-Mar-2005
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From: In the village

@terminills

Thank you.

Some rather humorous testimony in this one. Heh.

Methinks the judge needed a macro for "you DO realize you are under oath, right?"

#6

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olegil 
Re: Nedfield
Posted on 3-Jan-2014 14:16:14
#78 ]
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Joined: 22-Aug-2003
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@number6

Time to dig out the old unit of "horn" which we used at the HAM radio club at the university. It's a measure of how much whiskey it takes to repair the damage done by hearing a dry joke. But I think it could apply to this judge and how he had to listen to those testimonies.

1 horn == 1 case (12 bottles) of whiskey. A more practical everyday unit is of course a millihorn, which would then be 9 ml, 20ml being a single shot as sold over the bar top in this country. I have a feeling that for me, presiding over that trial would have caused damage in the desihorn ballpark (about a liter of "uisge beatha").

Quite humorus read, though.

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number6 
Re: Nedfield
Posted on 3-Jan-2014 14:25:02
#79 ]
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Joined: 25-Mar-2005
Posts: 11540
From: In the village

@olegil

From page 22

Quote:
IT IS FURTHER ORDERED THAT the parties shall submit the joint, proposed corrective statements no later than January 3, 2014


This would indicate we'll see something more in the language for the general public in the near future on the websites indicated by the judge.

However, atm, I see Asiarims former website is not allowing access, at least with my browser.

http://www.asiarim.net.

#6

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CritAnime 
Re: Nedfield
Posted on 3-Jan-2014 19:58:09
#80 ]
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Joined: 27-Jun-2011
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From: UK

@number6

So how did this affect the license that CUSA had? Who supplied the license for their use of the commodore banding.

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