Lutz testified on the stand in GAND that AF Holdings was never paid and was broke. He has moved onto another area and started a new trust... waiting for that shoe to drop.
This means every cent ever collected for the alleged client was never given to the client. There was no accounting of the funds and adds some credibility to the financials that Gibbs submitted to Judge Wrights court.
So Prenda is no more and magically penniless as the sanctions roll in. AF Holdings is broke. And all of the lawyers are trying to claim they had nothing to do with any of this.
There is much worse than comingling the clients funds into the business accounts.
Expect Lutz to get worried and make noise soon, they are trying to throw another local under the bus again and AFH is no longer represented in GAND and was told directly in person by the Judge they needed a lawyer when they return to continue the sanctions hearing. Who knows by then maybe they will find the original signed assignments no one is able to find.
Remember these are the same legal minds that gave us - Any fraud on the court is moot now. & - Should ignore the CA ruling because Gay Marriage & Hackers. & - We didn't do this, and even if we did so what?
The wheels on the justice go round and round, round and round, round and round. The wheels on the justice go round and round AND GRINDS THEM INTO A FINE POWDER REALLY SLOWLY!
Don't mind me one the one hand happy to see them sanctioned, YET AGAIN, on the other it saddens me that more thunderbolts have now rained down from the various courts with current and appeal cases before them.
Judge Wright sent notes to lots of places, Other Judges have sent more notes.... And if IP address hits are to be believed they are looking at the massive amounts of data available online about the Pretendateers...
American's don't like it! Understatement... they do tend to get really pissed off when the law is broken by those who are supposed to champion it. When they violate the law to "win" at all costs, it isn't winning.
Anyone else so not shocked by this? It is human nature to want to learn more about things, and despite rules people seem to be flexible about those rules if they can justify it in their minds.
Of course if a 'hacker' does it, it is a huge incident with all sorts of coverage and hundreds of years detention threatened... when an authority figure does it, we always have to wait for the investigation and it is downplayed.
Once again we are left wondering why those given authority face less than a regular citizen doing the exact same thing. Justice is supposed to be blind, and yet it is always caught peeking and looking away when it might have to find against a cog of its own system. Perhaps if we had some of those awesome enhancements that are used to double sentences against those in the low court automatically applied when someone in a position of power abuses the system we might be able to impress upon them they are not actually above the law.
If you have a law degree demanding money or else isn't extortion. Perhaps while we ponder how to fix all the the problems with imaginary property, we should make taking actions like that illegal with large fines to be paid by the lawyers. But then the problem still would be courts unwilling to deal with taking their membership to task for violating the rules.
Re: Holy crap, Mike! You lurched into an actual GOOD RELEVANT PIECE involving Prenda!
Oh pookie, never change. If not for the opportunities allowed by copyright law, the fraud would have never happened.
Copyright as it stands allows someone to register something, not have to market it at all, have it get shared, and they stand to collect $150K. (or settlements well in excess of that number with no one the wiser).
It is turning movies so bad Netflix pays you to watch them into financial blockbusters.
Copyright has a place in the world, but not in its current form. It requires updating and adjustment to reality, rather than being the thing of dreams of being rich.