By Katryna Perera (February 22, 2022, 6:10 PM EST) — GreenLink International Inc., a cannabis real estate and equipment rental company, has filed a motion for summary judgment in a lawsuit accusing the company of wrongfully canceled a shareholder’s shares.
In its petition, filed Monday in federal court in Colorado, GreenLink argued that because the investor defaulted on a loan, the company was allowed to legally repurchase its shares. GreenLink sought summary judgment on the plaintiff’s conversion claim and its own counterclaims for breach of contract and declaratory judgment.
GreenLink argues that plaintiffs Fred Sebastian and his holding company, Duke Capital SA, failed to substantiate their claims for conversion and…
Stay one step ahead
In the legal profession, information is the key to success. You need to know what’s going on with customers, competitors, practice areas and industries. Law360 provides the intelligence you need to stay an expert and beat the competition.
Access to case data in articles (numbers, filings, courts, nature of lawsuits, etc.)
Access to attached documents such as briefs, motions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and more!