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Saturday, March 02, 2024 11:06:13 PM
HOLCOMB HAS HISTORY OF FILING FAILED MTD TO GET OUT OF REPAYING INVESTORS:
https://www.nashvillepost.com/home/legal-dispute-over-holcomb-intellectual-property-expands/article_2afcce0f-8ac1-5240-b7fb-afd4444ce1e4.html
The HHCS directors have asked the court in their recent filings to consolidate multiple Dr. Holcomb’s entities into one, said HHCS’ Morgan. “We keep discovering new entities in the Netherlands, Ireland, New York and New Zealand, he added.
In a bankruptcy court hearing Wednesday, Dr. Holcomb's attorney Hancock filed a motion to dismiss last week’s complaint on the basis that it was outside of the jurisdiction of the Isle of Man, where at least one of Dr. Holcomb’s companies is incorporated. HHCS’ attorney Norton countered with a Tennessee tax return filed by the Isle of Man entity. Bankruptcy Judge George Paine ruled for the case to continue here.
“Dr. Holcomb has created 20 or 30 entities, each of them based around a different idea,” Norton said. “None of those entities allegedly pays their investors back. That is the center of [HHCS] allegations.”
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