Rocky Mountain High Brands Inc (RMHB)

[kgw]

Here is another 3.5 million dollars lost.
Court of Appeals
Fifth District of Texas at Dallas
JUDGMENT

JERRY GRISAFFI, Appellant On Appeal from the 192nd Judicial
District Court, Dallas County, Texas
No. 05-18-01020-CV V. Trial Court Cause No. DC-17-15441.
Opinion delivered by Justice Myers,
ROCKY MOUNTAIN HIGH Justices Schenck and Carlyle
BRANDS, INC. F/K/A REPUBLIC participating.
OF TEXAS BRANDS, INC.,
Appellee

In accordance with this Court’s opinion of this date, the judgment of the trial
court is REVERSED and this cause is REMANDED in part, and AFFIRMED in
part as follows:

Having concluded that the trial court’s judgment constitutes a double
recovery in violation of the one-satisfaction rule, we remand this case
to the trial court for ROCKY MOUNTAIN HIGH BRANDS, INC.
F/K/A REPUBLIC OF TEXAS BRANDS, INC. to make an election
of remedies between an award of $3.5 million and a declaratory
judgment that the ten million shares of Series A Preferred Stock that
were issued to Hilltop Trust and reissued to Jerry Grisaffi were void
ab initio. In all other respects the judgment is affirmed.

It is ORDERED that appellant JERRY GRISAFFI recover his costs of this
appeal from appellee ROCKY MOUNTAIN HIGH BRANDS, INC. F/K/A
REPUBLIC OF TEXAS BRANDS, INC.


Judgment entered this 27th day of February, 2020.