Silverado no longer facing suit from Sangra Moller

2009-10-21 19:32 ET - Street Wire

by Mike Caswell

Vancouver law firm Sangra Moller LLP has discontinued its lawsuit against Silverado Gold Mines Ltd., an OTC Bulletin Board company. A notice of discontinuance filed with the Supreme Court of British Columbia on Sept. 28, 2009, does not state why the firm abandoned the case.

Sangra Moller's claim

Sangra Moller filed a brief statement of claim against Silverado at the Vancouver courthouse on Sept. 16, 2009. The suit alleged that Silverado owed it $77,765 in unpaid legal fees. According to the claim, Silverado had hired Sangra Moller on May 22, 2008, and had subsequently invoiced it for $87,765 in work.

The invoices went unpaid, and Sangra Moller threatened to sue Silverado on July 30, 2009, the suit stated. Silverado then agreed to pay the money in instalments, but actually only paid $10,000, Sangra Moller claimed.

The law firm sought $77,765, plus interest and court costs. Sangra Moller was represented by Kevin Loo of Nathanson, Schachter & Thompson LLP.

Silverado did not respond to the suit in court.