NASDAQ:VISN

Gobi and Oak File Contempt Motion against VisionChina Media for Failure to Comply with Court Order

VisionChina Fails to Transfer $60M to New York's Sheriff by Court's Deadline NEW YORK, Oct. 22, 2012 /PRNewswire/ -- Oak Investment Partners and Gobi Partners have filed a contempt motion in the New York State Supreme Court against VisionChina Media, Inc. (Nasdaq: VISN) and its subsidiary, Vision B...

2012-10-22 06:13 5477

Court Confirms Oak and Gobi's Right to Attach $60M of VisionChina and Vision Best Assets, Wherever Those Assets are Located, in Connection with VisionChina's Failure to Pay for 2010 Acquisition; Total Damages Could Exceed $90 million

NEW YORK, June 18, 2012 /PRNewswire-Asia/ -- The New York State Supreme Court has confirmed Oak Investment Partners and Gobi Partners' motions to attach $60 million of VisionChina Media Inc. (Nasdaq: VISN) and Vision Best Limited assets, regardless of where those assets are located. The requests fo...

2012-06-18 20:00 5095