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Re: flaflyersfan post# 12152

Monday, 10/13/2008 12:17:58 PM

Monday, October 13, 2008 12:17:58 PM

Post# of 41474
That's ongoing from the 2001 game/contest.

From an early 10Q

In February 2005, Nathan Bertsch, sued us in the Court of Common Pleas, Thirteenth Judicial Circuit, State of Carolina, County of Greenville, for breach of contract, unfair trade practices, and collection of promissory note. The complaint alleges that in November 2001, we invited the plaintiff to participate in the tournament; that the plaintiff entered and participated in the tournament; that a contract was formed to pay the plaintiff $45,000 if he won his flight in the tournament; that the plaintiff won his flight; that, as a result of the intervention of the Florida Attorney General, we paid the plaintiff one-half of the winnings and executed a promissory note to pay the balance of $22,500. The plaintiff is seeking actual damages in the amount of $22,500, prejudgment interest at the statutory rate, three times actual damages, reasonable attorney's fees and costs of prosecuting the lawsuit under the South Carolina Unfair Trade practices Act, and alternative actual damages of $22,500 as payment on the note plus interest at a rate of 5% per annum accrued thereunder. We have engaged counsel in this action and we are trying to have this suit dismissed due to lack of jurisdiction.

~ ~ Safe to take a position here?... ‹(•¿•)›

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