Hannover House Inc (HHSE)

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BLOG: Settlement Entered on Redbull Case; 8/26/16









Friday, August 26, 2016

Settlement entered on Redbull case - as previously disclosed

http://hannoverhousemovies.blogspot.com/2016/08/settlement-entered-on-redbull-case-as.html

8/19/16

3). LEGAL UPDATES - a). The absurdly small and frivilous matter involving "AMITYVILLE" producers suing Hannover House resulted in a win yesterday for HHSE. In a closed hearing in the judge's chambers, the judge denied the motion to compel HHSE to make delivery of documents which had already been delivered, and denied the motion for legal fees for the Amityville counsel. The entire matter was kicked downstream a few months, with the invitation for HHSE's counsel to file for sanctions. HHSE's counsel has also filed a counter claim. b). The Daniel Ackerman pay matter has been discussed in detail with his counsel and a payment plan structured. Although HHSE has still not been served in this dispute, the terms of the resolution call for the case to be withdrawn. c). The Redbull suit is fully settled and the dismissal filing with the court has been approved by both counsels. d). The TCA matter has been successfully re-opened, including the HHSE counter-claim action. There are no legal matters which pose any form of material or operational threat to the Company at this time.

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