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CP Logistics, LLC Reports That The Temporary Restraining Order Filing Against Sunniva Production Campus, LLC Was Denied
CP Logistics, LLC Reports That The Temporary Restraining Order Filing Against Sunniva Production Campus, LLC Was Denied.
About this update from Sunniva Inc
[{"type":"text","content":"\n\n\n\nCP Logistics, LLC Reports That The Temporary Restraining Order Filing Against Sunniva Production Campus, LLC Was Denied\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.prngen2{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:1pt; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prntblns{\nBORDER-TOP: 1pt; BORDER-RIGHT: 1pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt\n}\n\n\n\n\n\n\nCP Logistics, LLC Reports That The Temporary Restraining Order Filing Against Sunniva Production Campus, LLC Was Denied\nPR Newswire\nVANCOUVER, British Columbia, Dec. 26, 2019\n\n\n\nVANCOUVER, British Columbia, Dec. 26, 2019 /PRNewswire/ -- Sunniva Inc. (\"Sunniva\" or the \"Company\") (CSE: SNN) (OTCQB: SNNVF), announces that the previously reported application for a Temporary Restraining Order (\"TRO\"), filed by its wholly owned subsidiary, CP Logistics, LLC (\"CPL\"), against the Sunniva Production Campus, LLC (\"SPCL\") with respect to the Notice of Termination of Lease issued by SPCL, was denied in California Superior Court for the County of Riverside (the \"Court\") on December 24, 2019. The Company is continuing to assert its rights under the Lease and has submitted a Demand for Arbitration and Notice of Claims with JAMS, the world's largest private alternative dispute resolution provider, to initiate the arbitration process pursuant to the dispute resolution provisions of the Lease agreement for the property located at 69375 Ramon Road, Cathedral City, California.  \n\n \n \n\n \nCPL, a wholly owned subsidiary of Sunniva, entered a build to suit lease agreement (the \"Lease\") on October 20, 2017, with SPCL for the construction of the Sunniva California Campus in Cathedral City, California. SPCL is an entity related to Barker Pacific Group, Inc. \nFor more information about the Company please visit: www.sunniva.com.\nThe Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.\nCautionary Note Regarding Forward-Looking Information or Statements\nThis press release con...