Court CaseOn Monday we should find out the outcome of the Stuart Nacht court case against Greenbriar and the effort to add Jeff Ciachurski to the case directly.
"Nacht seeks “to litigate the question of whether Ciachurski personally engaged in transactions to the detriment of Greenbriar Capital and its creditors for the benefit of himself and/or his friends.”
On October 1st the judge rejected the motion based on a technicality.
"By the next day, Nacht’s attorney — Robert J. Noriega — filed another motion with the same request, adding greater detail to allegations that Jeffrey Ciachurski, member-manager of Greenbriar Capital (US) LLC, obtained water rights in his own name — rather than the name of Greenbriar — and then transferred those water rights to his friends, after which Greenbriar “obtained a right to purchase those water rights for more than four times the price paid by Mr. Ciachurski.”
See what the judge says Monday.