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Old 12-09-2007   #3
Greg B
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Join Date: Dec 2003
Posts: 497
Default Re: Former Porn Kings Owner Sues Falcon Foto

"Falcon attorney Rob Apgood said Friday that his client had not been served notice of the suit.

"Aeroweb and Ian Eisenberg are not entitled to sue on the contract until March 2008, and then only if the contract is not satisfied at that time," he said. "By making public the details of [the promissory note] agreement, Aeroweb and Eisenberg are in substantial material breach of the terms of the agreement. As such, Falcon is entitled to, and shall seek, significant damages for Aeroweb's and Eisenberg's breach." "

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Okay, this excerpt brings up the red flags as well. Best to just sit back and watch how this resolves itself for further applications. Gonzo seems to know more about this so I'll wait for his further commentary.
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