Barbone and Carley State DeBaene Denied Lifting of Temporary Restraining Order.Business Editors, Legal Writers HACKENSACK Hackensack, city, United StatesHackensack, city (1990 pop. 37,049), seat of Bergen co., NE N.J., on the Hackensack River, a residential and industrial suburb of New York City; settled 1647, inc. as a city 1921. Manufactures include furniture, clothing, machinery, and processed foods. Dutch settlers from Manhattan established a trading post there in 1647. During the Revolution the city served as camping grounds for armies of both sides., N.J.--(BUSINESS WIRE)--March 13, 2001In the Superior Court of New Jersey, Bergen County the lawsuit filed by Camille M. Barbone and Tom Carley against David DeBaene as President, CEO/Director, the officers and the Directors of Open Door Open Door, maintenance in a certain territory of equal commercial and industrial rights for the nationals of all countries. As a specific policy, it was first advanced by the United States, but it was rooted in the typical most-favored-nation clause of the treaties concluded with China after the Opium War (1839–42). Online, Inc. (OTC BB:NTER) continued. This action is brought by Barbone and Carley individually, as a class and derivatively on behalf of the corporation. While maintaining an office in Coventry, RI, Open Door Online, Inc. is a New Jersey corporation that is publicly traded over-the-counter on the NASDAQ. After a brief hearing, Superior Court Judge Gerald Escala refused to lift the restraining order restraining order n. a temporary order of a court to keep conditions as they are (like not taking a child out of the county or not selling marital property) until there can be a hearing in which both parties are present. More properly it is called a temporary restraining order (shortened to TRO). (See: injunction, permanent injunction) that restricts DeBaene and the other members of the Board of Directors from "... transacting any corporate business which is not in the ordinary course including, but not limited to, any merger, sale or acquisition of the corporation and any sale, transfer, pledge, assignment, hypothecation Hypothecation When a person pledges a mortgage as collateral for a loan, it refers to the right that a banker has to liquidate goods if you fail to service a loan. The term also applies to securities in a margin account used as collateral for money loaned from a brokerageNotes: You are said to "hypothecate" the mortgage. See also: Collateral, Loan, Mortgage, Pledged Asset, Rehypothecation or alienation of corporate assets or issuing any further stock, warrants, options or converting restricted stock to free trading stock until further order of the Court." The Plaintiffs intend to file an amended complaint with the court by Friday, March 16, 2001, which alleges violations of the specific terms and conditions of the restraining order as well as additional causes of action. The court has set March 22, 2001 as the next hearing date. For further information please contact the attorneys for Camille M. Barbone and Tom Carley: Milazzo Milazzo (mēlät`tsō), town (1991 pop. 31,541), NE Sicily, Italy, on a peninsula in the Tyrrhenian Sea. It is the ancient Mylae. The town is a wine-trade and tuna-fishing center and is the gateway to the nearby Lipari Islands. Garibaldi completed his conquest of Sicily by defeating (June, 1860) the Bourbon troops there., Fortunato, McCann & Murray, LLC 15 Warren Street, Suite 20 Hackensack, New Jersey 07601 (201) 343-7070 (Telephone) (201) 343-7916 (Facsimile) E-Mail: MFMLAWYERS@cs.com |
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