Jan thru April 2019
Knight has proposed for months that his business associate meet with Grayson with a written document outlining resolution. Grayson advised nothing would be signed without legal review and approval. On March 23 she sent an outline of resolution they were discussing. .
AND… here we are April 22 and Knight has disappeared once again.
This is what Knight proposed:
NJ Federal Judgement $353.500+ interest.
Knight outline
* He will pay the agreed amount for the domain not as a payment for the judgement.
* Payment to be held in escrow ***
* Grayson is to get the judgement released
* Knight to be held harmless from anyone looking to him for the money he was holding.
*** the caveat – – Knight wanted the money held with his escrow agent.
Grayson would not agree. All funds would need to be held by a neutral escrow agent with a very strong escrow agreement outlining each step and when the money would be released to Grayson.
Knight is currently claiming he was not properly served for the NJ Federal Judgement therefore he would only pay the $353,500** to purchase this domain not as a judgement settlement.
+++ it is anyone’s guess why he requested this arrangement. Some have suggested it was so he could claim the judgement was dismissed vs. that he paid the judgement. Please share your comments with us.
Are you willing to give Knight or anyone he refers you to money knowing he violated a fiduciary agreement???
UPDATE: 7 JANUARY 2014 – KNIGHT LOSES – DEFAULT JUDGMENT ENTERED
Plaintiff Grayson vs. Defendant Phillip W. Knight
United States District Court – District of New Jersey – USA
Judgment was entered in favor of Plaintiff Grayson against Defendant Knight in the amount of $353,500 representing the full amount Knight held as a fiduciary and has to date failed to return.
REWARD AVAILABLE
Receive a reward for information leading to the recovery of all or part of the $353,500.
Anyone with knowledge of any business or financial dealings or other information on Phillip W. Knight is asked to contact paulr@phillipwknight.com
Please come forth with information about his current and/or future business dealings, his interest in any stock, bonds, companies, holdings or shares in any public or private entity anywhere in the world and/or in collateral property to include real estate, planes, boats, vehicles, etc.
PRIVACY GUARANTEED: The disclosing party will be provided with a mutual Confidentiality Agreement.
PAYMENT DUE and PAYABLE:
Upon the Plaintiff’s receipt of cleared funds or other instruments of equal value as a direct result of information provided by the named party, the named party shall be due an agreed percent of the amount of cleared funds collected.
FURTHER KNOWLEDGE:
You or any party past, present or future conducting business with defendant Knight, his companies or any person, place of company he represents or he is doing business with is asked to come forward and notify Plaintiff of money due Knight as any money to be paid Knight is liened by plaintiff in accordance with the default judgment.
November 2011 Civil Action No. 1:10cv887
Knight vs. Grayson – Virginia
Phillip W. Knight – the LOSER /
Defendant Grayson has won!
19 October 2010 / Civil Action No: 1:10cv887 United States District Court for Eastern District of Virginia
Attorney of Record | August 2010 to March 4, 2011 as the court approves his request to withdraw as Knight’s counsel
William A. Zeitler, Law Office of William Zeitler
Suite 900, 8200 Greensboro Drive, Mclean, Virginia 22101
T. 703 647 6031
November 2010
Defendant Grayson acting pro-se begins to defend Knight’s frivolous lawsuit for $350,00 coincidentally in the same amount he held as a fiduciary and never returned.
21 December
Defendant acting pro-se files Motions to Dismiss and submits two affidavits.
Affidavit 1. Robert J. Flynn of Red Branch Technologies | Affidavit 2 – Phillip W. Knight
Comments: Knight’s ‘affidavit’ is in direct conflict with statements he made during meeting of October 5, 2010.
31 December
Defendant files new Motions to Dismiss
2011 19 February
19 February The attorney for Phillip W. Knight files a motion to withdraw as Knight’s counsel.
4 March The US Federal Court for the Eastern District of Virginia allows Knight’s counsel to withdraw.
November 2011
Court dismisses Knight’s frivolous lawsuit against Grayson.
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