RE: Court26 Apr 2019 11:03
Not that often we have seen very positive new like this for a while that was posted by daniel1son, earlier this morning. So thought post it again, as it is very pleasant to read.
Now, the good news and as I expected:
The Court, having considered the Motion for Temporary Restraining Order (the “Motion”) of Plaintiffs Frontera Resources Corporation and Frontera International Corporation (collectively, “Plaintiffs”), the opposition thereto, and having heard the oral argument of counsel and having found good cause to do so, hereby orders as follows:
1. The Motion is GRANTED;
2. The Court finds that Plaintiffs are likely to succeed on the merits of their claims for Breach of Fiduciary Duty and Duty of Loyalty.
3. The Court further finds that unless a temporary restraining order is granted, irreparable harm will result to Plaintiffs.
4. And, the Court finds that the balance of harms and the public interest favor granting injunctive relief to Plaintiffs.
Therefore, and with good cause shown,
Worth noting though, that doc hasnt been signed by the judge / clerk yet and is called a proposed order, so not 100% sure if that's gone through.