quixopixs.. Are you kidding me? John H. Beebe is being sued! Here's your link!!!!
Perihelion Global Provides Corporate Update; Retains Additional Counsel Friday May 2, 6:58 pm ET
WILMINGTON, DE and SANTA ROSA BEACH, FL--(MARKET WIRE)--May 2, 2008 -- Perihelion Global (Other OTC:PHGI.PK - News), a development company with interests in natural resources, alternative energies, and advanced communications, today announced an update on the Company's pending litigation with its former attorneys.
Perihelion has retained prominent Montgomery, Alabama-based attorney Julian McPhillips, of McPhillips Shinbaum, LLP to represent the Company in the previously outlined dispute with Burr and Forman, LLC. McPhillips prepared a strong answer and counterclaim against Burr and Forman together with a motion to change venue to Pensacola, Florida. McPhillips has advised Perihelion that he believes Perihelion has a strong defense and a meritorious counterclaim and that it should not be unduly apprehensive about any litigation. However, McPhillips sent a draft copy of his defense and countersuit to Burr and Forman and has ended up reaching an agreement with Burr and Forman to extend the time to file responsive pleadings to Friday, May 16, 2008. The purpose of the extension is to give both McPhillips and Burr and Forman additional time to attempt to negotiate a resolution of the issues. The Company will provide additional updates as warranted.
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