Clark County, Nevada Court

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Cause of action occurred when the plaintiff, Western Crane & Hoist, an alleged 50% partner in Republic Tower & Hoist, LLC accused the defendants, Southwestern Tower Crane & Hoist, Jim Robertson, and Raymond Bellamy, of gross negligence and intentional misconduct related to their stewardship of Republic’s operations. In particular, the plaintiff alleges $19.7 million in missing funds and the improper use of company equipment. Western Crane claims that Mr. Robertson and Mr. Bellamy, who are in charge of the day-to-day business of Republic Tower, failed to use proper accounting practices and have repeatedly failed to provide Western Crane full access to the accounting books. Western Crane also alleges that Mr. Robertson and Mr. Bellamy have improperly used Republic Tower equipment including “[moving] millions of dollars worth of Republic Tower’s crane and hoist and other equipment across state lines and [giving] possession of that equipment to third parties”. On August 9, 2010, the plaintiff dismissed its claims against Robertson and Bellamy individually.

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