SGM Magnetics Corporation, and Thomas A. Valerio, et al., Plaintiffs,
v.
Rewest LLC, Defendants.
United States District Court, N.D. Georgia, Atlanta Division.https://leagle.com/images/logo.png
June 26, 2019.
June 26, 2019.
Editors Note
Applicable Law: 28 U.S.C. § 1332
Cause: 28 U.S.C. § 1332 Diversity - Breach of Contract
Nature of Suit: 190 Contract: Other Source: PACER
Attorney(s) appearing for the Case
SGM Magnetics Corporation, a Pennsylvania Corporation & Rewest LLC, a Delaware Limited Liability Company, Plaintiffs, represented by David N. Dreyer , Penn Law, LLC, Donald M. Lund , Leech Tishman Fuscaldo & Lampl, LLC & Michael A. Metcalfe , Leech Tishman Fuscaldo & Lampl, LLC.
Thomas A. Valerio, an individual, MTD America, LTD., a Nevada Limited Liability Company, MTD Equipment, LLC, a Delaware Limited Liability Company & TAV Holdings, Inc., a Georgia Corporation, Defendants, represented by Daniel John Monahan , Robbins Ross Alloy Belinfante Littlefield, LLC, Richard Lance Robbins , Robbins Ross Alloy Belinfante Littlefield, LLC, Vincent Robert Russo, Jr. , Robbins Ross Alloy Belinfante Littlefield, LLC & Alexa Roberta Ross , Robbins Ross Alloy Belinfante Littlefield, LLC.
MTD America, LTD., a Nevada Limited Liability Company, MTD Equipment, LLC, a Delaware Limited Liability Company, TAV Holdings, Inc., a Georgia Corporation & Thomas A. Valerio, an individual, Counter Claimants, represented by Daniel John Monahan , Robbins Ross Alloy Belinfante Littlefield, LLC, Richard Lance Robbins , Robbins Ross Alloy Belinfante Littlefield, LLC, Vincent Robert Russo, Jr. , Robbins Ross Alloy Belinfante Littlefield, LLC & Alexa Roberta Ross , Robbins Ross Alloy Belinfante Littlefield, LLC.
Didier Haegelsteen, Counter Defendant, represented by David N. Dreyer , Penn Law, LLC.
Rewest LLC, a Delaware Limited Liability Company & SGM Magnetics Corporation, a Pennsylvania Corporation, Counter Defendants, represented by David N. Dreyer , Penn Law, LLC, Donald M. Lund , Leech Tishman Fuscaldo & Lampl, LLC & Michael A. Metcalfe , Leech Tishman Fuscaldo & Lampl, LLC.
OPINION & ORDER
MICHAEL L. BROWN, District Judge.
Defendant Thomas Valerio owed Plaintiffs about $22 million. They agreed to forgive that debt if he gave them several patents for scrap metal recycling and sorting technologies. Defendant Valerio did so. Plaintiffs now claim the patents were worthless and Defendant...
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