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IRONRIDGE GLOBAL IV, LTD. v. SCRIPSAMERICA, INC.

No. B256198.

238 Cal.App.4th 259 (2015)

189 Cal.Rptr.3d 583

IRONRIDGE GLOBAL IV, LTD., Plaintiff and Respondent, v. SCRIPSAMERICA, INC., Defendant and Appellant.

Court of Appeals of California, Second District, Division Eight.

June 30, 2015.

Attorney(s) appearing for the Case

Needham Law Firm and Carlos E. Needham for Defendant and Appellant.

Horvitz & Levy, David S. Ettinger,   Steven S. Fleischman; Incite Law Group and Mark A. Vegas for Plaintiff and Respondent.

OPINION

Plaintiff Ironridge Global IV, Ltd., sued defendant ScripsAmerica, Inc., to recover a debt. The parties were able to reach a settlement, by which defendant agreed to give plaintiff shares of defendant's stock in satisfaction of the debt. The agreement also provided a mechanism whereby plaintiff would receive...

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