JoesHO
06-08-2005, 03:23 PM
http://cecash.com/i/NDIGvVMI.pdf
Trade News and Voice Media Vindicated, Ron Levi Pleased with Judges Ruling
(LOS ANGELES) -- June 7, 2005 -- Trade News and other Defendants who were sued by New Destiny Internet Group, LLC the parent company for Homegrownvideo.com are extremely satisfied with an arbitration Judge’s Interim Order issued today that categorically rejects HGV’s claims of copyright infringement, invalid assignment, and other alleged related wrongful conduct and that finds no monetary award against the Defendants. (See page 7 of the Interim Order).
Trade News requested early on in the process that an independent audit be performed (See page 8 of the Interim Order). New Destiny opposed any such audit at the time Trade News requested it (See page 8 of the Interim Order which states that "Trade News' request was opposed by New Destiny") - now the arbitrator has embraced Trade News' request and ordered an independent audit with the costs of such audit to be divided evenly by both sides.
The Arbitrator's Order rejected New Destiny’s other claims against Defendant Ron Levi.
"We are pleased that the Arbitrator has rejected New Destiny's core claims of Copyright Infringement and Invalid Assignment. Voice Media and Trade News look forward to complete and total vindication and finality in this case once the independent audit is completed" says Ira Rothken defendant's counsel.
A copy of the Arbitration Order and Interim Award is attached.
CONTACT INFORMATION
Ira P. Rothken
Rothken Law Firm
Counsel for Defendants
415-924-4250 X113
ira@techfirm.com
www.techfirm.com
Trade News and Voice Media Vindicated, Ron Levi Pleased with Judges Ruling
(LOS ANGELES) -- June 7, 2005 -- Trade News and other Defendants who were sued by New Destiny Internet Group, LLC the parent company for Homegrownvideo.com are extremely satisfied with an arbitration Judge’s Interim Order issued today that categorically rejects HGV’s claims of copyright infringement, invalid assignment, and other alleged related wrongful conduct and that finds no monetary award against the Defendants. (See page 7 of the Interim Order).
Trade News requested early on in the process that an independent audit be performed (See page 8 of the Interim Order). New Destiny opposed any such audit at the time Trade News requested it (See page 8 of the Interim Order which states that "Trade News' request was opposed by New Destiny") - now the arbitrator has embraced Trade News' request and ordered an independent audit with the costs of such audit to be divided evenly by both sides.
The Arbitrator's Order rejected New Destiny’s other claims against Defendant Ron Levi.
"We are pleased that the Arbitrator has rejected New Destiny's core claims of Copyright Infringement and Invalid Assignment. Voice Media and Trade News look forward to complete and total vindication and finality in this case once the independent audit is completed" says Ira Rothken defendant's counsel.
A copy of the Arbitration Order and Interim Award is attached.
CONTACT INFORMATION
Ira P. Rothken
Rothken Law Firm
Counsel for Defendants
415-924-4250 X113
ira@techfirm.com
www.techfirm.com