Baytree Capital Assoicates, L.L.C. et al v. Nolan Quan et al

Justia Dockets & Filings Ninth Circuit California Central District Baytree Capital Assoicates, L.L.C. et al v. Nolan Quan et al

Baytree Capital Assoicates, L.L.C. et al v. Nolan Quan et al

Plaintiff:	Baytree Capital Assoicates, L.L.C.
Defendant:	Access Media Networks, Inc., Access Media Technologies, L.L.C., Alchemy Communicatin Inc., Alchemy F/X, Inc., Richard Berman, Binary Source, Inc., Jason Brazell, Broadcaster, Inc., Broadcaster, L.L.C., Frostham Marketing, Inc., Andrew Garroni, Robert Gould, Innovative Networks, Inc., Longview Media, Inc., Blair Mills, Pacificon International, Inc., Nolan Quan, Sanger Robinson, Software People, L.L.C., Transglobal Media, L.L.C. and Martin R. Wade, III
Cross Defendant:	Access Media Technologies LLC, Broadcaster LLC, Michael Gardner, Software People LLC and Trans-Global Media LLC
Counter Defendant:	Baytree Capital Associates, LLC and Roes
Counter Claimant:	Broadcaster, Inc.
Cross Claimant:	Broadcaster, Inc.
Case Number:	2:2008cv02822
Filed:	September 29, 2008
Court:	US District Court for the Central District of California
Office:	Western Division - Los Angeles Office
Presiding Judge:	Christina A. Snyder
Presiding Judge:	Andrew J. Wistrich
Nature of Suit:	Securities/Commodities
Cause of Action:	15 U.S.C. § 78 m(a) Securities Exchange Act

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Date Filed	Document Text
September 29, 2008	Filing 168 MINUTES OF Motion Hearing held before Judge Christina A. Snyder: The Court GRANTS the Venable defendants' (Andrew Garroni, Jason Brazell, Robert Gould, Sanger Robinson, Frostham Marketing, Inc., Pacificon International, Inc., Longview Media, Inc ., Innovative Networks, LLC and Binary Source, Inc.) motion to dismiss 141 without prejudice as to (1) plaintiff's third claim for breach of fiduciary duty; and (2) plaintiff's eighth, tenth, and eleventh claims alleging violations of RIC O. The Court DENIES the Venable defendants' motion 141 as to plaintiff's seventh claim for appointment of a receiver. The Court further GRANTS the Howrey defendants' (Nolan Quan, Martin R. Wade, III, Blair Mills, Richard Berman, Alch emy Communications, Inc., Alchemy F/X, Inc., Broadcaster, LLC, Transglobal Media, LLC, Software People, LLC and Access Media Technologies, LLC) motion to dismiss 142 without prejudice as to (1) plaintiff's complaint in its entirety for failure to allege demand futility; (2) plaintiff's first and second claims seeking relief under Section 10(b); and (3) plaintiff's third claim for breach of fiduciary duty as to defendants Broadcaster, LLC, Transglobal Media, Software People, AMT, Alchemy F/X, and Alchemy. The Court DENIES the Howrey defendants' motion 142 as to (1) plaintiff's complaint in its entirety because plaintiff is not an appropriate representative derivative plaintiff; and (2) plaintiff's breach of fiduciary duty claim as to defendant Quan. Plaintiff shall have 20 days to file a first amended complaint. Court Reporter: Laura Elias. (gk)

Date Filed

Document Text

September 29, 2008

Filing 168 MINUTES OF Motion Hearing held before Judge Christina A. Snyder: The Court GRANTS the Venable defendants' (Andrew Garroni, Jason Brazell, Robert Gould, Sanger Robinson, Frostham Marketing, Inc., Pacificon International, Inc., Longview Media, Inc ., Innovative Networks, LLC and Binary Source, Inc.) motion to dismiss 141 without prejudice as to (1) plaintiff's third claim for breach of fiduciary duty; and (2) plaintiff's eighth, tenth, and eleventh claims alleging violations of RIC O. The Court DENIES the Venable defendants' motion 141 as to plaintiff's seventh claim for appointment of a receiver. The Court further GRANTS the Howrey defendants' (Nolan Quan, Martin R. Wade, III, Blair Mills, Richard Berman, Alch emy Communications, Inc., Alchemy F/X, Inc., Broadcaster, LLC, Transglobal Media, LLC, Software People, LLC and Access Media Technologies, LLC) motion to dismiss 142 without prejudice as to (1) plaintiff's complaint in its entirety for failure to allege demand futility; (2) plaintiff's first and second claims seeking relief under Section 10(b); and (3) plaintiff's third claim for breach of fiduciary duty as to defendants Broadcaster, LLC, Transglobal Media, Software People, AMT, Alchemy F/X, and Alchemy. The Court DENIES the Howrey defendants' motion 142 as to (1) plaintiff's complaint in its entirety because plaintiff is not an appropriate representative derivative plaintiff; and (2) plaintiff's breach of fiduciary duty claim as to defendant Quan. Plaintiff shall have 20 days to file a first amended complaint. Court Reporter: Laura Elias. (gk)

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Search for this case: Baytree Capital Assoicates, L.L.C. et al v. Nolan Quan et al
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Defendant: Access Media Networks, Inc.
Represented By:	Mark D Campbell
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Defendant: Access Media Technologies, L.L.C.
Represented By:	Richard J Burdge, Jr
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Defendant: Alchemy Communicatin Inc.
Represented By:	Richard J Burdge, Jr
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Defendant: Alchemy F/X, Inc.
Represented By:	Richard J Burdge, Jr
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Defendant: Richard Berman
Represented By:	Richard J Burdge, Jr
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Defendant: Binary Source, Inc.
Represented By:	Douglas Craig Emhoff
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Defendant: Jason Brazell
Represented By:	Douglas Craig Emhoff
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Defendant: Broadcaster, Inc.
Represented By:	Walter Allan Edmiston
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Defendant: Broadcaster, L.L.C.
Represented By:	Richard J Burdge, Jr
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Defendant: Frostham Marketing, Inc.
Represented By:	Douglas Craig Emhoff
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Defendant: Andrew Garroni
Represented By:	Douglas Craig Emhoff
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Defendant: Robert Gould
Represented By:	Douglas Craig Emhoff
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Defendant: Innovative Networks, Inc.
Represented By:	Douglas Craig Emhoff
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Defendant: Longview Media, Inc.
Represented By:	Douglas Craig Emhoff
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Defendant: Blair Mills
Represented By:	Richard J Burdge, Jr
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Defendant: Pacificon International, Inc.
Represented By:	Douglas Craig Emhoff
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Defendant: Nolan Quan
Represented By:	Richard J Burdge, Jr
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Defendant: Sanger Robinson
Represented By:	Douglas Craig Emhoff
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Defendant: Software People, L.L.C.
Represented By:	Richard J Burdge, Jr
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Defendant: Transglobal Media, L.L.C.
Represented By:	Richard J Burdge, Jr
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Defendant: Martin R. Wade, III
Represented By:	Richard J Burdge, Jr
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Cross defendant: Access Media Technologies LLC
Represented By:	Richard J Burdge, Jr
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Cross defendant: Broadcaster LLC
Represented By:	Richard J Burdge, Jr
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Cross defendant: Michael Gardner
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Cross defendant: Software People LLC
Represented By:	Richard J Burdge, Jr
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Cross defendant: Trans-Global Media LLC
Represented By:	Richard J Burdge, Jr
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Counter defendant: Baytree Capital Associates, LLC
Represented By:	Brian Gardner
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Counter defendant: Roes
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Plaintiff: Baytree Capital Assoicates, L.L.C.
Represented By:	Brian Gardner
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Counter claimant: Broadcaster, Inc.
Represented By:	Walter Allan Edmiston
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Cross claimant: Broadcaster, Inc.
Represented By:	Walter Allan Edmiston
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