Phillips requests that the court prohibit Mageras or anyone
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Cheap Prada Bags Anboma complains that it does not agree with the termination of the management agreement.The plaintiffs seek an injunction from the court to stop termination of the agreement, in effect ousting Phillips as manager and returning management to the Hotel Group, without Anboma’s approval.Phillips’ cross complaint alleges that “personal animosity” developed between him and Mageras in January 1990. Then, it continues, Mageras demanded payment of 12 percent interest on all money he advanced to the partnership, although the 1987 agreement provides that “each such advance shall not bear interest.”When Phillips refused to make these interest payments, the cross complaint alleges that Mageras:Demanded Phillips’ resignation from his position as vice president for operations, with the Williamsburg Hotel Group.Borrowed money in the partnership’s name Prada Outlet https://www.pradasoutletcheap.com/ Prada Outlet Online, used partnership collateral as security for loans and pledged or mortgaged his interest in the partnership, all without written consent of Phillips and in violation of the agreement.Threatened and shouted at Phillips and used profanity in public.Phillips requests that the court prohibit Mageras or anyone acting on his behalf from interfering with the day to day management of the inn and restaurant.A letter in the court files from Phillips’ attorney indicated that he would not accept Mageras’ Feb. 28 offer to sell the property for $12 million, applying his 35 percent equity in George Washington Ventures and $1 million credit for his interests in five other partnerships with Mageras and Anboma.. Cheap Prada Bags
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