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Old 03-10-2008   #2
Rcourt64
Filling Bishop's Pond
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Join Date: Feb 2006
Posts: 2,942
Default Re: Penthouse Sued Over AFF Acquisition

Quote:
"...breach of the covenant of good faith and fair dealing, breach of fiduciary duty and constructive fraud"
Does anyone truly believe thats actually gonna fly?

Quote:
It its complaint, Broadstream asserted that during the bidding process, Broadstream “learned that Penthouse directly contacted Various to put in a separate bid,” and “ultimately submitted a bid that was higher than the offer from Broadstream and converted this business opportunity from an opportunity for the joint venture to an opportunity for Penthouse alone.”
Prove it.
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