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Posted On: 04/29/2021 12:10:55 AM
Post# of 7452
3.7% (17/454 TITLES) RESULTED IN PRODUCER DISPUTES
Accordingly, company has found itself the target of seventeen lawsuits over a 25+ year span from program suppliers with false claims of monies owed. While this may seem to be a large number of disputes – the vast majority of which were adjudicated in favor of Hannover House – it represents what we believe to be the best track record in the industry (e.g., 3.7% of programs distributed by Hannover House have resulted in producer disputes, specifically 17 out of 454 titles handled) . These disputes meet the standard of ordinary routine litigation incidental to the business, and therefore do not merit further detail.
8
04/28/2021 Annual Report - 12-31-2020 Filing - Reformatted to satisfy new OTC Market Disclosures:
https://backend.otcmarkets.com/otcapi/company...84/content
Accordingly, company has found itself the target of seventeen lawsuits over a 25+ year span from program suppliers with false claims of monies owed. While this may seem to be a large number of disputes – the vast majority of which were adjudicated in favor of Hannover House – it represents what we believe to be the best track record in the industry (e.g., 3.7% of programs distributed by Hannover House have resulted in producer disputes, specifically 17 out of 454 titles handled) . These disputes meet the standard of ordinary routine litigation incidental to the business, and therefore do not merit further detail.
8
04/28/2021 Annual Report - 12-31-2020 Filing - Reformatted to satisfy new OTC Market Disclosures:
https://backend.otcmarkets.com/otcapi/company...84/content
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