litigation
confidence high
sentiment neutral
materiality 0.40
Blum Holdings subsidiary granted TRO against New Patriot Holdings in parking dispute
BLUM HOLDINGS, INC.
- Superior court granted Temporary Restraining Order blocking New Patriot from terminating parking agreement for Blüm Santa Ana.
- Court found Blüm Santa Ana likely to prevail on breach claim and that denial would cause irreparable harm.
- Order requires New Patriot to permit exclusive parking access pending JAMS preliminary injunction hearing.
- New Patriot is partly controlled by Jay Yadon, who is also involved in separate litigation with Blum subsidiary Unrivaled Brands.