Chartbuster Karaoke Closes Their Doors!

[Musicman51]

Chartbuster is going to refund money to those people who have paid in advance for a yearly subscription of monthlies...right? Or they may just be facing a small claims lawsuit themselves.

[Lonman]

Originally Posted by Musicman51

Chartbuster is going to refund money to those people who have paid in advance for a yearly subscription of monthlies...right? Or they may just be facing a small claims lawsuit themselves.

Haven't heard about that, may want to contact them. May 10th is when all operations will cease. So do it before then.
They were 'forced' to shut down (according to a release from a competitor now in charge of the HDMP drive) from a resulting loss with a lawsuit from CAVS.
Filed April 24th... in Federal Court:

Quote:
CAVS USA has presented competent evidence to support its claims for
damages and good cause having been shown, the Court hereby GRANTS CAVS USA’s Motion and ORDERS the following:
1. Entry of judgment by default in the amount of $278,370.20 against Tennessee Production Center, Inc. for breach of contract and breach
of the implied covenant of good faith and fair dealing.
2. Prejudgment interest in the sum of $111,348.08 calculated at the rate of 10% pursuant to California Civil Code § 3289(b).
3. The total default judgment amount, including prejudgment interest, is $389,718.28.
4. Post-judgment interest at the rate of 0.18% pursuant to 28 U.S.C.
§ 1961 beginning on the date of the entry of judgment.
IT IS SO ORDERED.