American Vantage Companies Pursues Legal Claim Against the Table Mountain Tribe.Business Editors LAS VEGAS--(BUSINESS WIRE)--July 13, 2001 American Vantage Companies (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :AVCS AVCS Advanced Vehicle Control System AVCS Advanced Vidicon Camera System AVCS Automatic Vehicle Control Systems AVCS Active Vibration Control System AVCS Attitude and Velocity Control Subsystem AVCS Air Vehicle Control System AVCS Active Valve Control System ) announced that it has filed a Notice of Appeal with the Superior Court of California, County of Fresno, in its civil action against the Table Mountain Rancheria rancheria (ränchā`rēä), type of communal settlement formerly characteristic of the Yaqui Indians of Sonora, Mexico, and of various small Native American groups of the SW United States, especially in California. Band of Indians for breach and premature termination of the Company's consulting contract for the Table Mountain Rancheria Casino casino or cassino (both: kəsē`nō). 1 Card game played with a full deck by two to four players. Its origins are obscure though it probably traces back to the Italian game of Scopa. & Bingo. In April 2001, the Superior Court of California, County of Fresno, dismissed the Company's action against the Table Mountain Rancheria Band of Indians based on a determination that federal law preempts the field of Indian gaming but made no ruling on the merits on the merits adj. referring to a judgment, decision or ruling of a court based upon the facts presented in evidence and the law applied to that evidence. A judge decides a case "on the merits" when he/she bases the decision on the fundamental issues and considers of the action. In a separate statement, the Company also announced that it has appealed to the 9th Circuit Federal Court of Appeals an October 2000 Order by the District Court (E.D. Cal.) dismissing the Company's claims against the Table Mountain Tribe tribe [Lat., tribus: the tripartite division of Romans into Latins, Sabines, and Etruscans], a social group bound by common ancestry and ties of consanguinity and affinity; a common language and territory; and characterized by a political and economic . That Order cited a lack of subject matter jurisdiction, but also made no ruling on the merits of the action. The Company stated that it intends to actively pursue its legal claim against the Table Mountain Tribe. As previously announced, American Vantage Companies again stated that it is currently engaged in discussions to purchase from Horseshoe Bay There are various places named Horseshoe Bay:
This press release may contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , which are subject to risks and uncertainties. The Company's actual results may differ materially from those described in any forward-looking statements. Additional information concerning potential risk factors that could affect the Company's business and financial results are included in the Company's filings with the Securities and Exchange Commission. They can also be found on the Company's website at www.americanvantage.com and on the Securities and Exchange Commission's website at www.sec.gov. |
|
||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion