Beyond Commerce Inc (PK)【BYOC】株式ニュース

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Forex

Looks like the CASE #1 has been settled. Anyone want to guess what's coming next??

STATE OF MINNESOTA
COUNTY OF HENNEPIN
DISTRICT COURT
FOURTH JUDICIAL DISTRICT
Green Valley Associates Inc.,
Plaintiff,
vs.
Service 800, Inc,
Defendant.
Court File No. 27-CV-20-13800
STIPULATION FOR STAY OF ACTIONS
PENDING GLOBAL RESOLUTION
Jean Mork Bredeson,
Plaintiff,
vs.
Service, 800, Inc. and Beyond Commerce,
Defendants.
Court File No. 27-CV-20-3476
Beyond Commerce, Inc.,
Plaintiff,
vs.
Warner Law, LLC and Jean Mork Bredeson,
Defendants.
Court File No. 27-CV-23-18582
The parties to the above-referenced actions, Green Valley Associates Inc., Warner Law,
LLC and Jean Mork Bredeson (collectively, the “Bredeson Parties”) on the one hand, and
Beyond Commerce, Inc., and Service 800, Inc. (collectively, the “BYOC Parties”), on the other
hand, by and through their undersigned counsel of record, hereby stipulate and agree as follows:
27-CV-20-3476 Filed in District Court
State of Minnesota
8/22/2024 4:39 PM
2
WHEREAS, on August 8, 2024, the Bredeson Parties and the BYOC Parties
(collectively, the “Parties”) participated in a mediation session with Ret. Justice James H.
Gilbert;
WHEREAS, the Parties were able to reach a global meditated settlement that was
documented and signed by all Parties and their counsel that would resolve all three actions;
WHEREAS, the settlement agreement set forth certain contingencies that require action
or approval by third parties in order to effectuate the terms of settlement;
WHEREAS, the Parties have been diligently working to resolve these contingencies,
including by submitting documentation to these third parties that would satisfy the contingencies,
and the Parties have been drafting documentation necessary to effectuate the transfers
contemplated by the settlement agreement;
WHEREAS, the Parties agreed that Ret. Justice James H. Gilbert will be the binding
decision-maker with regard to any disputes that arise in finalizing the transfers contemplated by
the settlement agreement such that the Parties do not contemplate need of further judicial
intervention or assistance in any of these actions;
WHEREAS, the Parties seek to avoid incurring any further expenses that could prevent
the finalization of the settlement, and, in the interest of judicial economy and a just resolution of
all three disputes, the Parties seek to focus all efforts on accomplishing this result.
THEREFORE, in consideration of the foregoing, the Parties hereby stipulate and agree as
follows:
(1) The Parties agree that the aforementioned actions can be stayed or placed on
inactive status, provided that the Court(s) will allow the same; and
27-CV-20-3476 Filed in District Court
State of Minnesota
8/22/2024 4:39 PM
3
(2) Within 30 days of entry, the Parties shall file a stipulation for dismissal with
prejudice of these actions or provide a joint update to the Courts, via a written submission, as to
the status of the resolution.
Dated: August 22, 2024 THOM ELLINGSON, PLLP
/s/ Samantha J. Ellingson
Aaron R. Thom (#0392646)
Samantha J. Ellingson (#0397448)
athom@thomellingson.com
sellingson@thomellingson.com
45 South 7th Street, Suite 2610
Minneapolis, MN 55402
Telephone: (612) 286-0505
Fax: (612) 601-8955
Attorneys for Plaintiff
Beyond Commerce, LLC and Service,
800, Inc.
Dated: August 22, 2024 BASSFORD REMELE, A Professional
Association
/s/ Bryce D. Riddle
Jessica L. Klander (#392290)
Bryce D. Riddle (#398019)
100 South 5th Street, Suite 1500
Minneapolis, MN 55402-1254
Telephone: (612) 333-3000
Facsimile: (612) 333-8829
jklander@bassford.com
briddle@bassford.com
Attorneys for Defendants Warner Law,
LLC and Jean Mork Bredeson in Case
No. 27-CV-23-18582

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