ExtortionLetterInfo Forums
Retired Forums => Righthaven Lawsuits Forum => Topic started by: Robert Krausankas (BuddhaPi) on October 11, 2011, 07:16:47 AM
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Just a matter of time, before the rats start jumping ship as it's listing badly to port!
Despite its backing by billionaire Arkansas investment banker Warren Stephens, copyright lawsuit filer Righthaven LLC of Las Vegas said Sunday it has been unable to secure a $34,045 bond to guarantee payment of a defendant’s attorney’s fees.....
"To date, Righthaven has been unable to secure a bond. The terms required by the bonding companies that Righthaven’s counsel has investigated and/or contacted are an impediment to meeting the district court’s stay requirement," said Righthaven’s filing by Las Vegas attorney Shawn Mangano. "The bonding companies are requiring what amounts to a full cash bond. In sum, the bonding companies ask for full cash payment, certain forms of collateral held by the company or irrevocable letters of credit be posted to obtain a bond in the amount requested.
Imagine that the bonding outfits, want the full amount, a little salt in the wound i would say!
Here's the complete article for your reading pleasure:
http://www.vegasinc.com/news/2011/oct/10/righthaven-asks-appeals-court-block-dismantling-co/