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October 30, 2014

Genex Capital's CT Law Tribune Bronze Award, Again | But "Not Doing Biz in CT?"

by Structured Settlement Watchdog®

Cock a Hoop
Genex Capital claimed it didn't do business in CT in legal filings. BUT "cock-a-doodles" by CEO Roger Proctor suggested otherwise

Of interest to Woodbridge Structured Funding and those following Woodbridge v Genex Capital, Genex Strategies Inc. and Structured Settlement Quotes, is that Genex Capital has been voted in the Bronze place in a survey of vendors to CT lawyers just published this week.  This is the very same award about which Genex CEO Roger Proctor was "cock-a-hoop" in 2009. Clearly Genex Capital (in one form or another) solicits business in the State of Connecticut. End of story.

In the Amended complaint #9 Woodbridge stated this:

 "9. Jurisdiction is proper as against Defendants Genex, Capital and Genex Strategies as each has, directly or through its agent SSQ, transacted business within the State of Connecticut, and/or has committed a tortious act within the State, and/or has committed a tortious act outside the State which has caused injury within the State, and regularly does or solicits business in the State...'

To which Genex Capital Corporation replies in its answer:

Defendant GCC denies the allegations set forth in paragraph 9 of the Complaint
and, to the extent applicable to Defendant GCC, waives any objection to personal jurisdiction
over Defendant GCC in this District.

Image © Musat | Dreamstime.com - Closeup Rooster Crowing Photo

Postscript

Following the settlement of its lawsuit with Woodbridge in June 2015, Genex Capital began to state what WE already knew and reported, that the SSQ website was indeed part of the Genex Capital Group. It was all rather silly in my opinion since it was known for a long time before, that Boris Drubetsky used his credit card multiple times to pay for the Regus Office Center at 100 Pearl Street in in Hartford that was used on the SSQ website and the CT BBB report. Mail was simply being forwarded to Vancouver. In September 2012 Drubetsky denied Genex involvement in SSQ.  If they didn't do business in CT then why the clandestine activity and why make a payment to the CT BBB?  But like you see on TV, when you've got something to hide you never think of everything.

Posted at 02:54 PM in Genex Capital Commentary |

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