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Tuesday, May 12, 2009 10:01:49 PM
Lawsuit Dismissed in the Case of Belmont Partners, LLC v. Andrew J. Befumo and
Shelly M. Schaeffer
WASHINGTON, April 9, 2009 (GLOBE NEWSWIRE) -- The law offices of Befumo &
Schaeffer, PLLC announced today that, pursuant to an order of the Circuit Court
of Rappahannock County, in Washington, Virginia, all claims and counter claims
in the case Belmont Partners, LLC v. Andrew J. Befumo and Shelly M. Schaeffer
have been dismissed.
"We are glad to be putting this behind us," said Mr. Befumo after signing the
order. "We certainly hold no grudges and wish Belmont Partners continued
success." Befumo and Schaeffer represented themselves in the law suit which was
filed in March of 2008, and signed by Joseph Meuse, managing director of Belmont
Partners. Belmont sought in excess of fifteen million dollars damages plus
attorney fees for alleged unfair competition and other alleged acts following
the formation of Befumo and Schaeffer's partnership in January of 2008. On
October 2, 2008 the Judge presiding over the case signed the dismissal order in
which Belmont received no damages, and no parties admitted any wrongdoing.
About Befumo & Schaeffer
Befumo & Schaeffer, PLLC is a Washington D.C.-based law firm specializing in
Federal Securities Law, Corporate Transactions, and Mergers and Acquisitions.
The firm's clients include public companies as well as small to middle market
private companies seeking access to capital markets. Befumo & Schaeffer, PLLC
serves clients in the United States, Canada, South America, Europe and Asia.
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CONTACT: Befumo & Schaeffer, PLLC
(202) 725-6733
2020 Pennsylvania Avenue, NW
Suite 840
Washington, DC 20006
http://www.reuters.com/article/pressRelease/idUS125275+09-Apr-2009+GNW20090409
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