Bebida Beverage Company (BBDA)

[elbiatcho1]

YA Global wants stock because they believe BBDA cannot pay back in any other way.


63. YA Global seeks a preliminary injunction because, as set forth above, Defendant Bebida was incorporated and assets transferred to it with the intent to hinder, delay, and defraud YA Global and deprive YA Global of its rights under Bebida-Nevada's contracts with YA Global, and Defendants are continuing this scheme. Further, Defendants will have insufficient assets to satisfy any money judgment rendered by the Court, and YA Global's right to convert certain stock and its right to its Collateral will be the only remedy available to it.