Saturday, November 10, 2018 5:36:09 PM
Link to IHSI v TCA Case CACE-18-000934.
Here's a direct link to the whole case that probably won't work because you first have to prove you're "not a robot."
https://www.browardclerk.org/Web2/WebForms/Document.aspx?CaseID=OTkwMDU1NA%3d%3d-NeSMXZrc6VA%3d&CaseNumber=CACE18000934&FragmentID=Mjk4NDU0NDc%3d-Qi9lP3%2f2pvk%3d&DtFile=01/12/2018&DocName=Complaint+(eFiled)&PgCnt=25&UserName=&UserType=Anonymous
But it's worth a shot.
If the link doesn't work, do this:
Go to:
https://www.browardclerk.org/Web2/CaseSearch/
Copy and paste CACE-18-000934 into the Case Number field.
Confirm you're not a robot and click "Search"
Click on the CACE-18-000934 hyperlink on that page.
Click on the 1/12/2018 complaint document icon (25 pages).
For easier reading, click "View All Pages" in the upper-left.
Makes for fun reading.
I particularly laughed at this part:
Besides being funny it makes it pretty clear that TCA didn't even need IHSI to close the acquisition of Cresent.
And if TCA didn't even need IHSI's signature to close the acquisition, how can one reasonably believe IHSI has any claim to Cresent?
Hint- y'can't.
There's lots of other stuff in there that shows not even IHSI believes it has a claim to Cresent.
They (Devon, et al) were foolish enough to sign the closing document based on an email that assured Devon he had nothing to worry about regarding the credit line.
Silly rabbit. Read what you're signing. Never rely on assurances outside a contract.
There's lots more (Kirkland's involvement is suspicious, mis-spelling's may be intentional, etc.), but I've already spent too much time on this nonsense.
Although I enjoyed reading their claims... funny stuff!
Bottom line. They have no claim, nay, they don't even MAKE any claim that they are entitled to ownership of Cresent.
They claim they were misled, and TCA committed fraud, etc:
So let's put that puppy to bed- that IHSI has any claim to ownership or even control of Cresent, for what that company might even be worth (or not).
Lots more detail in the case, but read it yourself, and draw your own conclusions.
My opinion, IHSI stupidly signed a contract (specifically for the LOC) whose terms they later realized were onerous, plus they didn't even get any control over Cresent.
There's no court cure for stupid.
Hope this helps those invested here, both financially and (it seems), emotionally.
Here's a direct link to the whole case that probably won't work because you first have to prove you're "not a robot."
https://www.browardclerk.org/Web2/WebForms/Document.aspx?CaseID=OTkwMDU1NA%3d%3d-NeSMXZrc6VA%3d&CaseNumber=CACE18000934&FragmentID=Mjk4NDU0NDc%3d-Qi9lP3%2f2pvk%3d&DtFile=01/12/2018&DocName=Complaint+(eFiled)&PgCnt=25&UserName=&UserType=Anonymous
But it's worth a shot.
If the link doesn't work, do this:
Go to:
https://www.browardclerk.org/Web2/CaseSearch/
Copy and paste CACE-18-000934 into the Case Number field.
Confirm you're not a robot and click "Search"
Click on the CACE-18-000934 hyperlink on that page.
Click on the 1/12/2018 complaint document icon (25 pages).
For easier reading, click "View All Pages" in the upper-left.
Makes for fun reading.
I particularly laughed at this part:
Besides being funny it makes it pretty clear that TCA didn't even need IHSI to close the acquisition of Cresent.
And if TCA didn't even need IHSI's signature to close the acquisition, how can one reasonably believe IHSI has any claim to Cresent?
Hint- y'can't.
There's lots of other stuff in there that shows not even IHSI believes it has a claim to Cresent.
They (Devon, et al) were foolish enough to sign the closing document based on an email that assured Devon he had nothing to worry about regarding the credit line.
Silly rabbit. Read what you're signing. Never rely on assurances outside a contract.
There's lots more (Kirkland's involvement is suspicious, mis-spelling's may be intentional, etc.), but I've already spent too much time on this nonsense.
Although I enjoyed reading their claims... funny stuff!
Bottom line. They have no claim, nay, they don't even MAKE any claim that they are entitled to ownership of Cresent.
They claim they were misled, and TCA committed fraud, etc:
So let's put that puppy to bed- that IHSI has any claim to ownership or even control of Cresent, for what that company might even be worth (or not).
Lots more detail in the case, but read it yourself, and draw your own conclusions.
My opinion, IHSI stupidly signed a contract (specifically for the LOC) whose terms they later realized were onerous, plus they didn't even get any control over Cresent.
There's no court cure for stupid.
Hope this helps those invested here, both financially and (it seems), emotionally.
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