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By Cherrie
A.E. Villahermosa
Variety News Staff
THE Supreme Court has denied
a lawyer and a law firms motion for a writ of mandamus in a case
involving the Bank of Saipan.
The high court said Daniel E. Martens and Moseley Martens LLP failed to
overcome the presumption of untimeliness.
Martens is one of the lawyers of Moseley Martens LLP, which is based in
Dallas, Texas.
The justices stated that the motion should have been filed within days
not weeks of the order in question.
The suit in question is the Bank of Saipans attempt to recoup funds
that were lost due to alleged fraud during the acquisition of two credit
card processing companies in Abilene, Texas.
Moseley Martens, along with Bert Douglas Montgomery and Michael Wilson
and others, were sued by the bank.
The bank said Wilson improperly obtained a $5 million loan from the bank
with the assistance of Moseley Martens.
On Nov, 7, 2005, Superior Court Judge Juan T. Lizama denied the law firms
motion to dismiss the lawsuit, saying that Moseley Martens had sufficient
contacts with the CNMI to warrant personal jurisdiction.
The law firm moved for reconsideration which the trial court denied on
Oct. 18, 2006. On Dec, 6, 2006, or almost 50 days later, the law firm
filed the petition for a writ of mandamus in the Supreme Court.
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