Home > News > Nevada Justices to Hear Arguments in 3 Private Media Group Suits • Bookmark   • Newsletters   • Register Search Options


Nevada Justices to Hear Arguments in 3 Private Media Group Suits

Nevada Justices to Hear Arguments in 3 Private Media Group Suits
Get XBIZ News
Jan 30, 2012 11:45 AM PST    Text size: 

CARSON CITY, Nev. — Oral arguments have been slated for March 5 in three petitions filed at Nevada's highest court relative to the Private Media Group shareholder litigation.

Nevada justices will hear three 30-minute sets of oral arguments on that day in the following cases:

  • Private Media Group vs. Consipio Holding BV;
  • Milton vs. Clark County District Court (relative to Consipio's case); and,
  • Consipio Holding  BV vs. Carlberg.

The three cases before the Supreme Court involve a challenge by the plaintiffs to a lower court's order appointing the receiver, a challenge   by the defendants to the lower court uling granting a motion to dismiss five former directors of Private, and the challenge by now-suspended Private CEO Berth Milton to the lower court's assertion of personal jurisdiction over him.

The March 5 slate of oral arguments stem from an order issued last year that stated, in part, "Having reviewed the status of these matters, we conclude that judicial efficiency will be served  by considering them together."

Since last summer, Eric Johnson has acted as receiver for the Barcelona-based company, later carrying out the chief executive responsibilities after Milton was suspended by Johnson.

Johnson, who also is CEO of Private unit Sureflix Digital Distribution, serves as CFO and corporate secretary in addition to receiver and acting CEO after exec Johan Gillborg was terminated.

The receivership is the result of a Las Vegas suit that pits litigating shareholders — led by Consipio, Tisbury Services Inc., shareholder Claudio Gianascio and shareholder and former CEO Ilan Bunimovitz — against front-office management.

The plaintiffs claim the company has been rocked by embezzlement, among other charges, brought on by Milton and former shareholders.

Earlier this month, Private shareholders voted in a new board.

The new board comprises Johnson, Bunimovitz, Anna Maksimova, Michael Martinez, James McCormick and Charles William Prast..

Private operates 20 divisions, including Cine Craft Ltd. of Gibralter, Coldfair Holdings Ltd of Cyprus,  Fraserside Holdings Ltd. of Cyprus,  Peach Entertainment Distribution AB of Sweden, Milcap Media Group SL of Spain, Private Media Group Services SL of Spain, Private Benelux BV of The Netherlands, Private France SAS of France, Private North America Ltd. of California, Barbuda BV of The Netherlands, Ceresland SL of Spain, Private Media Group Canada Inc. of Canada, Fraserside IP LLC U.S. of Iowa, ThinkForward Inc. of California, GreenCine Inc. U.S. of Delaware, Mama’s LLC U.S. of Delaware, GameLink LLC of Delaware, eLine LLC of Delaware, Sureflix Digital Distribution Inc. of Delaware and Entruphema Inc. of Canada.

More ways to get XBIZ News:  RSS Feeds  |  E-Newsletters  |  Desktop Widget  |  Mobile
Looking for porn star news and behind-the-scene videos? Check out XFANZ.com !


Cam World: A Good Grind Reaps Riches

For years, webcam modeling was taboo and considered by many as a dirty and raunchy activity. However, in today’s economy, webcam jobs are being accepted more and more by everyone across the globe.... More »

Cam World: Beauty on Point — Models Talk Tradecraft

Cam girls are the girls that are always on point — with the perfect make-up and perfect skin, the shiny hair and long nails. Given their expertise, I asked some of the girls from Studio 20 if they... More »

Cam World: Camming and Toys Go Hand in Hand

There is nothing more satisfying than pleasure, especially if it is sexual. The size or the presentation of the stimulus does not matter if the sensations and tension the body receives transform the way... More »
Stay informed of the latest industry developments. Get XBIZ newsletters delivered to your inbox. Subscribe today!
Enter email address:

* To manage existing subscriptions click here.

Submit your press release to
multiple news outlets with 1 click.
Subscribe to RSS news feeds or
add free content to your website.
Access XBIZ news and articles
with your mobile device.
Subscribe to XBIZ World magazine, the industry's leading e-commerce trade publication, delivering in-depth coverage of the online, mobile and ancillary digital markets.


XBIZ.net Paysite Meetup

May 04 - May 04
Prague, Czech Republic

Eurowebtainment 2017

May 17 - May 20
Majorca, Spain

XBIZ Retreat

May 30 - Jun 03
Miami, Florida

XBIZ Miami 2017

May 30 - Jun 02
Miami, Florida
Everyday thousands of business professionals browse XBIZ's industry directory for quality products and services. Not listed yet? Your company could be losing potential new business. Submit your company today!
Use XBIZ RSS feeds to stay informed of the latest industry developments or as a content syndication tool for your website!