Soltera Served With LawsuitDoes anyone know the status of this lawsuit?
https://ca.us.biz.yahoo.com/e/100804/slta.pk8-k.html
-Aug-2010
Other Events
Item 8.01. Other Events.
In July 2010 Soltera Mining Corp. was served with a lawsuit by Ambrian Resources AG. Ambrian is suing Soltera for damages on the alleged grounds that Ambrian had negotiated and finalized a binding funding agreement with Soltera during April-June 2010 but instead Soltera chose to enter a financing agreement with another company (Goldlake). Ambrian also claims that Soltera used a strategy developed by Ambrian and used information provided by a South African mining engineer who visited the project at Ambrian's expense. Ambrian is seeking damages in excess of $20 million dollars.
Soltera denies all claims in the lawsuit and has retained a Nevada litigator to defend the action brought against it by Ambrian in the State of Nevada. Soltera is also seeking to have the lawsuit dismissed on the grounds that there was no binding agreement with Ambrian.