Hannover House Inc (HHSE)

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BLOG-UPDATE-6/20: Favorable Court Ruling Might Lead To Dismissed/Settlement






Thursday, June 20, 2019

Federal court ruling favors Hannover House

Greetings Hannover House Friends & Followers - There has been some concern from shareholders that the "GETTING GRACE" lawsuit against Hannover House was problematic. HHSE Managers have said in this blog, essentially "no, we have meritorious positions that should prevail."

We achieved the first such victory today in a hearing in Pennsylvania - at which time the judge ordered the "GETTING GRACE" counsel to "prove-up" the basis for some of their claims... and that they have 60-days to respond before the next hearing.

This is a victory for Hannover House not only because it removes this dispute as a distraction from our current Form 10 activities (even if only for 60-days). But even more so because we know that it will be impossible for opposing counsel to actually "prove-up" the statements and representations in their filing that were demonstrably false. So, in this respect, our counsel feels that this is a significant win in our pursuit of getting the entire matter dismissed (or settled).

At the very least, it moves this dispute to the back burner... and for HHSE and our time-sensitive and important Form 10 activities, this is a win.

ONWARD!

http://hannoverhousemovies.blogspot.com/2019/06/federal-court-ruling-favors-hannover.html











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