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Superior Court Judgment Case Study

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I hope you’re enjoying a relaxing holiday season. As we approach the end of the year, I wanted to write with a status update on the matter with Regional and Simone.

The Superior Court has had Regional’s appeal fully briefed and under consideration since the end of July. They declined to ask for oral argument. We hope to hear from the Superior Court certainly in the first quarter of the year.

Unfortunately, the pending appeal has somewhat jammed-up our collection attempts. In July, we briefed and argued opposition to the Defendants’ Motion to Vacate the Judgment as docketed in New Jersey. The judge denied the Motion to Vacate, but he did grant a Motion to Stay Execution of the Judgment as to “Regional Resources Energy Group” (“RREG”).

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