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American CuMo Mining Corporation and Shaun Dykes are successful at hearing on lawsuit
American CuMo Mining Corporation and Shaun Dykes are successful at hearing on lawsuit.
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[{"type":"text","content":"\n\n\n\nAmerican CuMo Mining Corporation and Shaun Dykes are successful at hearing on lawsuit\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n\n\n\n\n\n\nAmerican CuMo Mining Corporation and Shaun Dykes are successful at hearing on lawsuit\nCanada NewsWire\nVANCOUVER, July 18, 2014\n\n\n\nVANCOUVER, July 18, 2014 /CNW/ - American CuMo Mining Corporation (\"CuMoCo\" or the \"Company\") (TSXV: MLY; OTCQX: MLYCF) and Shaun Dykes, Chief Operating Officer, are pleased to announce that yesterday afternoon the Supreme Court of British Columbia heard Mr. Dykes' application for an order to halt the lawsuit brought by IEMR Hong Kong (\"IEMR(HK)\") against the Company and Mr. Dykes on June 17, 2014, and ordered that the lawsuit be stayed.  Yesterday evening, IEMR(HK) published a news release that incorrectly stated that the lawsuit was \"ongoing\" when it  was actually stayed by the Court yesterday afternoon.  IEMR(HK) first attempted to delay Mr. Dykes' application yesterday, with a preliminary request to adjourn it for some unspecified period of time, but the Supreme Court dismissed IEMR(HK)'s application for a delay\n\nThe Court ruled that Mr. Dykes was correct in his argument that IEMR(HK)'s claim was improperly commenced.  The Court ruled that, by having commenced the lawsuit as a Notice of Civil Claim, IEMR(HK) was circumventing the Rules of Court, which entitle Mr. Dykes to the right to require that IEMR(HK) support the serious claims that it was making against him and the company with a sworn affidavit.  By following an improper procedure, IEMR(HK) filed allegations against Mr. Dykes without any sworn evidence to support them.  Mr. Yiming Xie published certain of its unsupported allegations in a public news release on June 30th.  Yesterday's ruling by the Supreme Court requires IEMR(HK), if it wishes to continue with a new proper Petition proceeding, to file a sworn affidavit deposing to the allegations against Mr. Dykes, rather than simply making unsupported allegations, as it did in its initial lawsuit.  T...