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Monday, April 22, 2024 11:24:32 AM
https://caseinfo.nvsupremecourt.us/public/caseView.do;jsessionid=3856EC6FBAE306463832E195DC457FC7?csIID=68335
AND did you know that when you file a Notice of Appeal, you include all the orders from the District Court?...Well this means you can do that "research" that you are so good at and answer your own question by reading the Motion for Stay and the Notice of Appeal.
Exhibit 4 to the Motion for Stay is a copy of the District Courts 11/9/23 Order. This is the order that granting the request for the restraining order. It says "It is further ordered that this Order to TEMPORARILY restrain and enjoin the conduct of Defendants and its agents...shall remain in effect until the hearing on the Preliminary injunction, unless further extended or modified by order of this Court or stipulation of the parties."
The original hearing date was 11/27/23, but that was continued until 12/7/24. At this the Court granted specific performance and the restraining order vacated.
See how easy that was!
So why did Blackstar include the line notifying everyone that the restraining order was in place in the January 11th lawsuit update in a way as to suggest it is ongoing. The February lawsuit doesn't mention it at all.
They did not notify everyone it was still in place. That is not what the filing says. What is says is
At the outset of the case, a temporary restraining order was entered preventing the Company from trading any shares.
As currently postured,
They are simply giving a summary of the history of the case. At the outset (this means at the beginning) there was a TEMPORARY restraining order. But as currently postured (this means the current status, state or condition), GS is requesting specific performance.
This, in combination with the filings you apparently do not read, means there is no current restraining order.
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