TYPENEX CO-INVESTMENT v. SOLAR WIND ENERGY TOWER

14 C 6846.

123 F.Supp.3d 1017 (2015)

TYPENEX CO-INVESTMENT, LLC, Plaintiff/Counter-Defendant, v. SOLAR WIND ENERGY TOWER, INC., Defendant/Counter-Plaintiff, and Columbia Stock Transfer Company, Defendant.

United States District Court, N.D. Illinois, Eastern Division.

Signed July 20, 2015.


Attorney(s) appearing for the Case

Ellen Frances Wetmore , Scott L. Warner , Sunghee W. Sohn , Franczek Radelet, PC, Chicago, IL, Jeremy C. Reutzel , Brigman Harman , Bennett Tueller Johnson & Deere, Salt Lake City, UT, for Plaintiff/Counter-Defendant.

Barry C. Owen , Gardiner Koch Weisberg Wrona, Chicago, IL, for Defendant.

Thomas G. Gardiner , Barry C. Owen , Micah Jon Hughes , Gardiner Koch Weisberg & Wrona, Chicago, IL, for Defendant/Counter-Plaintiff.


MEMORANDUM OPINION AND ORDER

In 2013, Solar Wind Energy Tower, Inc. ("SWET"), gave Typenex Co-Investment, LLC, a convertible note in exchange for a $500,000 loan. When SWET refused to convert the debt into equity, Typenex sued SWET and its transfer agent, Columbia Stock Transfer...

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