CBD Co., Attys Look To Ax British Investor's $1M Loan Suit

Law360 (November 12, 2020, 6:26 PM EST) -- A CBD supplier and a California law firm have asked to escape British investor Henley Finance Ltd.'s lawsuit over a nearly $1 million soured loan deal, arguing that the allegations are doomed by a bare-bones loan contract and Henley's status as an unregistered foreign corporation.

In a pair of motions to dismiss filed in California federal court Wednesday, Bioscience Enterprises Inc. and Goyette & Associates Inc. both said Henley, a private investor based in England and Wales, never properly signed up to conduct business in the state, depriving it of any right to sue under California law.

"Plaintiff is a foreign...

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