(Total Views: 457)
Posted On: 07/12/2021 9:44:00 PM
Post# of 145874
Re: Evil Rabbit #96119
I think the complaint detailed that the loan agreement was for compounded interest/principle owed, plus there was no expiration on the loan terms. And based on the very small payments made each year....it came out to almost $1M according to LePine.
(snippet from the original complaint filed in 2019)
Loan terms that both parties agree to is typically binding. Not sure what ended up being agreed to in arbitration to end the case with "dismissal with prejudice"...but that's what happened in Sep 2020.
![544959621_ComplaintSnippet.png](https://investorshangout.com/images/MYImages/544959621_ComplaintSnippet.png)
(snippet from the original complaint filed in 2019)
Loan terms that both parties agree to is typically binding. Not sure what ended up being agreed to in arbitration to end the case with "dismissal with prejudice"...but that's what happened in Sep 2020.
![](/m/images/thumb-up.png)
![](/m/images/thumb-down.png)