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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Sefton Res. | LSE:SER | London | Ordinary Share | VGG7996N1298 | COM SHS NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.015 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSER
RNS Number : 5074C
Sefton Resources Inc
16 October 2015
16 October 2015
Sefton Resources, Inc.
("Sefton" or the "Company")
Update on Litigation & Bankruptcy Hearing
Further to the announcement of 1 September 2015, the Company yesterday received notice that the lawyers for John J. Ellerton, C & J Resources, Inc., and C & J Pension Plan & Trust have moved to withdraw from representing each of these parties in both the bankruptcy action and the federal court action. Mr Ellerton's lawyer state the reason for the withdrawal is that: "Counsel's continued representation of the Creditors will result in violation of the Rules of Professional Conduct or other law." Sefton's counsel in these matters advises that C & J Resources, Inc., and C & J Pension Plan & Trust cannot proceed in either action, and will need to be dismissed, if the entities do not find substitute counsel.
Visit www.seftonresources.com or contact:
Jossy Rachmantio, Executive Chairman Tel: 020 7872 5570 ------------------------------------------ -------------- Nick Harriss, Nick Athanas, Allenby Tel: 020 3328 Capital (Nomad) 5656 ------------------------------------------ -------------- Nick Bealer, Cornhill Capital (Broker) Tel: 020 7710 9612 ------------------------------------------ -------------- Tim Blythe, Camilla Horsfall, Blytheweigh Tel: 020 7138 (PR) 3224 ------------------------------------------ --------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCGIBDGBDBBGUL
(END) Dow Jones Newswires
October 16, 2015 04:30 ET (08:30 GMT)
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