Expect the same outcome as the Playsafe vs United Medical Devices case. In both lawsuits, Mr Iehab serves as the Chairman, President & CEO, with his accomplice – Fadi Nora, a board member of both Playsafe and Playbev.
United Medical Devices had retained Playsafe (Mr. Iehab) as a distributor for brand condoms in various territories around the world, including among others the Middle East, Eastern Europe, Russia, the Ukraine, Australia, and New Zealand.
After an unproductive year, during which Playsafe (Mr. Iehab) achieved no sales to a single consumer, United Medical Devices terminated Playsafe's contract. Playsafe (Mr. Iehab) sued for breach of contract and fraud, seeking $10.5 million in damages. United Medical Devices also sued Playsafe, seeking $700,000 due under the contract.
Following a two-week trial, the jury found 12 to 0 against Playsafe on all its claims and awarded United Medical Devices the full $700,000 sought on its claim. United Medical Devices' principal Jimmy Esebag expressed his gratitude for the verdict: "Justice prevailed. The jury clearly saw through the story concocted by Playsafe's principals Iehab Hawatmeh and Fadi Nora. For this we are grateful."
Playbev did not meet the stated requirements for a Playboy license following bankruptcy.
Cirtran’s 2013 10K states:
“Playbev reached a settlement with Playboy that would have provided for a new license conditioned on bankruptcy court approval of PlaybBev’s reorganization plan, PlayBev’s payment of $2.0 million to Playboy, and other provisions, but PlayBev was unable to obtain the funding needed to pay Playboy the initial amount or otherwise implement the reorganization plan, so that plan was abandoned and the settlement agreement and the new Playboy license did not become effective.”
So, Mr. Iehab sues Playboy, just like in Playsafe. In like manner, I would expect a Jury to find a similar result.
