However, the Court granted Plaintiff’s request to set Plaintiff’s Motion for hearing on the Court’s calendar. The Court refused to rule upon the merits of Plaintiff’s Ex Parte Application. On December 17, 2021, Plaintiff’s Ex Parte Application came before the Court for hearing. On December 15, 2021, Plaintiff filed an Ex Parte Application for an Order Dismissing Derivative Claims, or Alternatively, For an Order Specially Setting Plaintiff’s Motion for an Order Dismissing Derivative Claims for Hearing no later than January 10, 2022.
On December 11, 2021, Plaintiff and Defendants, collectively, agreed to settle Plaintiff’s claims. (6) Fraud/Concealment (By Plaintiff individually and derivatively on behalf of Legendary Investors Group No. (5) Enforcement of Books and Records Demand (By Plaintiff individually) and (4) Accounting (By Plaintiff individually) (3) Aiding and Abetting Breach of Fiduciary Duty (By Plaintiff individually and derivatively on behalf of Legendary Investors Group No. (2) Breach of Fiduciary Duty (By Plaintiff derivatively on behalf of Legendary Investors Group No. (1) Judicial Dissolution and Appointment of a Receiver (By Plaintiff individually) Plaintiff’s Second Amended Complaint alleges the following causes of action against Defendants: Hinton, HKG, LLP, and Does 1 through 100 (collectively “Defendants”).
1, LLC, Legendary Developments, LLC, Dilip Bhavnani, Kamila Bhavnani, Surjit Soni, David R. On October 15, 2021, Plaintiff filed the operative Second Amended Complaint against Legendary Investors Group No. On January 13, 2021, Plaintiff filed a First Amended Complaint. On March 27, 2020, Manju Bhavnani (“Plaintiff”) initiated the present action, which arises out of the alleged mismanagement of a real estate investment entity known as Legendary Investors Group, No. MOTION FOR AN ORDER DISMISSING DERIVATIVE CLAIMS Case Number: *******1193 Hearing Date: JanuDept: 31
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