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HHSE BLOG: Update On Removal of Legal Dispute Obs

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Post# of 7510
(Total Views: 617)
Posted On: 05/18/2021 12:07:41 PM
Posted By: martyj1
HHSE BLOG: Update On Removal of Legal Dispute Obstacles
Tuesday, May 18, 2021

Good Morning HHSE Friends & Followers - In furtherance to the company's current actions with our Form 10 and S1 filings, the past few days have been focused on affirmative actions to address, dispute or otherwise discharge five "foreign" (sister-state) default judgments.

Counsel had previously advised that the company should provide detailed explanations of proposed actions to dispute these foreign defaults in the Form 10 and S1 documents. However, in response to an immediate attempt to enforce one of these actions, the company has now moved into full response mode in order to "stay" such enforcement activities. In the process of addressing this particular judgment, it was decided that the company will proceed ahead on making all of the additional filings for these four other foreign matters (even though, the process of making these forward steps on the remaining defaults is not urgently required and are not current obstacles to an expeditious filing of the company's Form 10 or S1 filings).

1). LEWIN (NY Default) - Filings have been made today in the Arkansas Courts - and additional pleadings will be made later this week in the New York courts - to set aside this foreign default. A copy of today's motion to the court in Arkansas from the Nixon & Alexander Law Firm is included below.

2). JSJ INVESTMENTS (Dallas) - The company is filing the motion for dismissal on the basis of proof of satisfaction.

3). DAISY WINTERS - SHUTTLEWOODS (Los Angeles) - Among other defenses being presented, the existence of an agreement to release the film's distribution rights in waiver of litigation is applicable and relevant.

4). UPTONE PICTURES (Los Angeles) - The performance on the existing settlement agreement is one of several affirmative defenses to setting aside this confusing second-lawsuit on the same matter, and Plaintiff's ill-gotten judgment.

5). HINDS-SHANKMAN (Los Angeles) - The requirement for full prepayment of legal fees, combined with never having received any bills from this firm (nor having the firm follow California Bar Association protocols requiring arbitration of billing disputes), are some of the defenses that are being presented in a motion to set-aside.

None of these five foreign default judgments are legitimate debts, and all were obtained through the Plaintiffs making material misrepresentations to their respective courts. Still, as the existence of a judgment - even if easily disputed and discharged - can be a blemish on the company's profile and misleading to unenlightened parties looking at HHSE. Accordingly, the decision was made to get rid of these distractions sooner-rather-than-later, so that the company's luster is bright and shiny for the incredible summer we have in store!

STAY TUNED!

(BELOW: Response-Pleading filed in Washington County, Arkansas Courts today - May 18 - regarding a Motion to Stay enforcement of a foreign default judgment).







IN THE CIRCUIT COURT OF WASHINGTON COUNTY, ARKANSAS

CIVIL DIVISION





BRUCE LEWIN PLAINTIFF



VS. CASE NO.: 72CV-18-3357



HANNOVER HOUSE, INC.;

MEDALLION RELEASING, INC.;

ERIC PARKINSON; and

D. FREDERICK SHEFTE DEFENDANTS





DEFENDANTS’ MOTION TO SET ASIDE FOREIGN DEFAULT JUDGMENT, OR IN THE ALTERNATIVE, TO MODIFY THE JUDGMENT AND FOR STAY OF EXECUTION PENDING RULING ON SUCH MOTIONS


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