Deals Secure Group Holding Co. GP.

Intergo, LLC Case Against Switzerland and America Trust, LLC Put to Rest

Press release   •   Mar 22, 2012 08:35 EDT

Published by PRWEB and delivered to the top 100 Associated Press "AP" outlets in USA.

Toledo, OH (PRWEB) March 22, 2012 - Switzerland and America Trust, LLC's attorneys Bruce S. Schoenberger and Howard B. Hershman of Gressley, Kaplin & Parker, LLP. in Ohio, has officially announced today that on February 24, 2012, after a court hearing the Honorable Jack Zouhary of the United States Federal District Court for the Northern District of Ohio ruled that the complaint filed by Plaintiff Intergo, LLC against Defendant Switzerland and America Trust, LLC (“SAT”) and others be summarily dismissed without a trial or further proceedings (ref. court order 29 Feb 2012 case number 3:2010cv02519). The Judge unequivocally stated that the Plaintiff had failed in all respects to state a valid claim against SAT or to otherwise permit the Court to retain any jurisdiction against SAT. The Judge had previously summarily dismissed Plaintiff’s claims against two individual employees of SAT, Mr. Andreas Uresch and Mr. Khalid Mohammed. As per defendant's attorney Bruce Schoenberger this type of ruling is rare since it is based upon the presumption that all of the “facts” pled in the complaint must be treated as true to permit the Plaintiff its day in court but that even with this heavy burden against SAT the Judge was resolute in his finding that the Plaintiff’s complaint failed to state ANY cause of action against SAT.

SAT was represented by Toledo Ohio based Attorneys Bruce S. Schoenberger and Howard B. Hershman. Mr. Schoenberger is the Managing Partner of the law firm of Gressley, Kaplin & Parker, LLP. (http://www.gkandp.com). Mr. Schoenberger commented that he was thrilled with the result for his clients stating that although the case presented a sophisticated series of financial transactions which the opposing counsel attempted to manipulate in his favor to attempt to force SAT to pay money to opposing counsel and his client (to which they were clearly not entitled), with the able and consistent help of Sir Faisal Khazaal, PhD. KGCC of SAT, Mr. Schoenberger and Mr. Hershman were able to convince the Judge that no rightful claim existed against SAT and that the Plaintiff was not even entitled to a trial. Mr. Schoenberger also stated that the decision was so forcefully written in favor of SAT that it would likely serve as valuable precedent in other cases wrongfully brought against innocent foreign investment firms engaged in international business transactions. Since it is a federal case in which a full written decision was filed, it will be published and made part of the federal court decisions which can be viewed by the world thanks to the internet. Although the internal case details are protected by attorney client privilege, friends and business associates of SAT should feel free to contact Sir Faisal and/or Mr. Schoenberger to discuss this important victory for SAT.

http://www.prweb.com/releases/2012/3/prweb9309221.htm

LEGAL REFERENCES:

1. The case was filed at the United States Federal District Court for the Northern District of Ohio under case number 3:2010cv02519.

2. This announcement is made by Mr. Bruce S. Schoenberger, Esq. of Gressley, Kaplin & Parker, LLP., Ohio. Telephone: (419) 2448336 and released by the Information department of Switzerland and America Trust llc., Delaware. Telephone: (888) 6529728.

3. Copy of the court order can also be found at:

http://docs.justia.com/cases/federal/district-courts/ohio/ohndce/3:2010cv02519/170166/46/

https://ecf.ohnd.uscourts.gov/doc1/14116060170?caseid=170166&de_seq_num=216&magic_num=49452888

Overview

Deals Secure Group Holding Co., GP. (DSGH) has earned a reputation for quality and excellence as a premier investment holding company in the World Wide regions. The company's talented and committed workforce of 18,000 employees worldwide helps it create ideas, connect people, foster an entrepreneurial culture and uphold standards of professional excellence, and most importantly, its commitment to clients.

DSGH was incorporated in 1996. Since then, the group has grown substantially and made significant investments in a diversified portfolio of companies operating throughout the World Wide regions. DSGH principally operates in five major business sectors - Financial Services, Petroleum, Insurance, Media and Telecom. Its Group companies utilize the synergies that exist within each sector, as well as across sectors within the DSGH Group, to offer the best to its customers. DSGH continually seeks to improve the performance of its portfolio companies by encouraging the adoption of global best practices in managing their businesses.

Apart from aspiring to be a global business leader, DSGH is committed to making meaningful contributions to society. With a view towards enhancing World Wide long-term prosperity, it has identified three areas for development in the world societies. DSGH has initiated a series of activities in these areas to enhance quality of life in the communities.

DSGH believes that at the core of its business are its culture, its values, and its people. This is what sets the company apart from others, helps it attract and retain talent, and provide the best to its customers!

Mission

DSGH aims to continually improve the performance of its portfolio companies by encouraging them to adopt global best practices and utilize synergies within the Group to manage their businesses, while ensuring that they act as responsible corporate citizens:

It aims to be a dynamic and proactive company that creates and develops opportunities in its core business sectors.

It seeks to realize the greatest value from its assets and maintain firm control of its cost base.

It believes in sharing the company's success with its employees and business partners.

Vision

DSGH seeks to expand its business and minimize the risk of its portfolio through a programme of global and sectored diversification. The programme is based upon a vision, which encompasses business, shareholder, client and community values:

It aspires to be the leader among investment holding companies that are wholly owned and managed World Wide regions.

It is dedicated to bringing value to its customers and providing superior returns to its shareholders.

It seeks to contribute to the prosperity of countries it operates in.

It respects the values and cultures of the communities it operates in and strives to enhance the quality of life of the people in these communities.

www.dealssecure.com