January 23, 2023
A group of investors alleging a defunct video rental service tried to avoid paying a $900,000 settlement by transferring its assets to a hemp startup is urging a New York federal court not to throw out its claims, arguing the companies are alter egos of one another and thus belong in the state's courts.
September 27, 2022
A Mexican video rental company fraudulently transferred $3.6 million in assets to an associated hemp startup to avoid paying a state court judgment to noteholders, the investors have alleged in a New York federal lawsuit.