|Send News. Want a reply? Read this. More in the FAQ. News Forum - All Forums - Mobile - PDA - RSS Headlines Twitter|
Former shareholders in Cheyenne Mountain Entertainment have filed a conspiracy complaint against Dark Comet Games, Fresh Start Studios, and five individuals: Karl Hiatt and his wife (first name unknown), Mark Renberg, Chris Lombardo, and Harlan James Brown II, according to Courthouse News Service. The legal action is over Cheyenne Mountain Entertainment's bankruptcy, and claims that the transfer of assets from Stargate Resistance and Stargate Worlds was done without the approval of the bankruptcy court. The plaintiffs say "Fresh Start Studios allegedly paid $100,000 to purchase all of Cheyenne Mountain's assets, a fraction of 1 percent of the assets' worth," and that CME "raised and expended tens of millions of dollars in connection with the development of Stargate Resistance and Stargate Worlds." Word is: "Plaintiffs seek a declaration that the transfer of assets to Fresh Start is fraudulent, and want the assets returned Cheyenne Mountain Games. They also want $10 million in damages, alleging breach of contract, civil conspiracy, fraudulent transfer, tortious interference and unjust enrichment."
Copyright © 1996-2014 Stephen Heaslip. All rights reserved.
All trademarks are properties of their respective owners.
News CGI copyright © 1999-2014 James "furn" Furness &
All rights reserved.
Chatbear v1.4.0/blue++: Page generated 29 August 2014, 12:18.