Not Hansix, but this is an interesting find that needs to be evaluated. I am a licensed and practicing attorney in the field of property tax only. I am not a commercial or attorney or litigator.
THe appeal derives from the entry of a defualt judgment against Black and Interinvest. A default judgment means a party fails to answer a suit within the requisit period of time following service of process by the plaintiff. At least that is what it means in US state and district courts. In my experience, the entry of a default judgment against a party is the result of 1) the claim being too miniscule to worry about, or 2) the defendant is culapable, and there is no reason to answer before the court or 3) the defendant has an argument but can't afford an attorney to represent him/her, so the claim is ignored.
In this case, Black & Intervest are too big to hide and they can clearly afford representation. I think the more rational explanation is that they viewed this deal as a nuisance claim and probably had some culpability in failing to timely take care of the withdrawal request issued by Adobie. I think there was some negligence on the part of Black but I don't think there was any criminal or fraudulent intent. This is all just my opinion based on reading the posted Appellate Judgment.
i don't think there is anyway for any of us to make a resoned proclomation that Black is of some unique stellar character, but I don't think this case can be used to label him as a cheat either.
My view is that if his investment in Tyhee raises the share price, I love him. If his investment in Tyhee was the catalyst for the recission of the SRP and that raises the share price, I love him. I really don't care if he is a saint or a sinner, I just want to make some money off of this investment.
