Wednesday, June 03, 2015 7:47:53 PM
Minutes
05/07/2015 9:00 AM
- Ms. Elshinawy stated she filed an Amended Complaint; however, she has had issue serving Shawn Irvine and inquired whether Mr. Takos would be representing Mr. Irvine or whether he had an address for Mr. Irvine. Mr. Takos stated he already discussed this matter with Ms. Elshinawy and argued that it was inappropriate to raise this issue. COURT NOTED, she would not entertain the aforementioned matter at this time. Additionally, Ms. Elshinawy stated the Rule 16 conference had not been conducted. Arguments by counsel regarding whether a $14,000.00 bond should be posted; noting she believes she would prevail and win this case. COURT ORDERED, Motion DENIED. Colloquy regarding how much time remained to post the cost bond. COURT FURTHER ORDERED, deadline to post the cost bond extended to 6/4/15. COURT DIRECTED, Mr. Takos to prepare the Order.
So it appears the shareholders must post $14,000.00 not $500
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