Amazon Natural (AZNT) Message Board

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Microcap & Penny Stocks : Amazon Natural (AZNT)

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To: Jeffrey S. Mitchell who wrote (24911)	5/23/2000 2:08:00 AM
From: DSPetry	Read Replies (3) of 26163

I guess we need to see the AZNT/Mann agreement to make sure it doesn't contain... The Account Application and Non Solicitation Agreement plaintiff signed with FCS provides that "only the law of the State of Nevis, West Indies will apply in respect to any transaction" between the parties, and that plaintiff consents "to the jurisdiction of the courts of Nevis, West Indies to the exclusion of any other judicial or regulatory authority." Plaintiff ignores this choice of law and choice of forum provision. Rather, plaintiff asserts that FCS and Mann have sufficient contacts in New York by virtue of their relationship with M&T Bank so as to establish a presence in New York and confer jurisdiction. Even if this is the case, the fact remains that plaintiff signed a contract containing a choice of law and forum selection clause which plainly states that judicial relief may only be obtained in the courts of Nevis, West Indies, and that the laws of the West Indies would govern any disputes. Thats the issue in this case... It does show that Mann has a history of breaching contracts and stiffing people out of their money...Interesting... Dave

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