Hannover House Inc (HHSE)

[BeverlyH]

HHSE-was-ordered-into-receivership-following-a hearing-on-the-matter


No sure if this is understood, but the District Court held a HEARING on the matter where both sides pled their respective cases before court prior to the final decision being rendered. The court's decision wasn't made in a vacuum. There was a hearing prior to the final ruling. Both sides had their say.

No doubt HHSE's crack legal counsel fought valiantly to prevent the courts from placing HHSE into receivership, including all the (clearly baseless claims) of foreign judgements and questioning the court's jurisdiction - most likely citing what they considered applicable case law to support their position. I don't blame them. Receivership essentially equals death for HHSE.

But hello? Multiple hearings already took place and jurisdiction was established. In fact, jurisdiction is once again clarified as being under the Texas District courts in the agreement HHSE themselves signed. Read the filings in their entirety.

The case for jurisdiction was closed long ago (again - just read the filings). HHSE ex-CEO Eric Parkinson is free to plead his flimsy case after the fact via his blog, however the legalities of the matter for and against were both pleaded by each side and decided upon.

All of this could have been avoided. Parki blaming others for a self-inflicted gunshot wound is comical at best and pathetic in reality.

HHSE effectively has a new CEO who can essentially do whatever he wants with the full authority of the courts. And not just to satisfy this creditor - but all creditors. That's just a fact. Just sit back as it all unfolds.