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Agreements Info Uncategorized

Buying a video game company

On February 19, 2021, Motorsport Games Inc., a Delaware corporation (the “Company”), entered into a binding term sheet (the “Binding Term Sheet”) with Black Delta Holdings PTY, Black Delta Trading Pty Ltd and Black Delta IP Pty Ltd (collectively, “Black Delta”).

Pursuant to the Binding Term Sheet, the Company and Black Delta intend that the Company will acquire from Black Delta all assets related to the KartKraft Game (the “Target Assets”). The purchase price for the Target Assets will be U.S. $1,000,000, (exclusive of Australian goods and services tax) payable in two installments, as follows: U.S. $750,000 at closing and U.S. $250,000 on the six-month anniversary of closing.

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Info Litigation Uncategorized

word cloud feature detection on successful motions

A successful class certification! Rule 23. Class Actions (a) Prerequisites. One or more members of a class may sue or be sued as representative parties on behalf of all members only if: (1) the class is so numerous that joinder of all members is impracticable; (2) there are questions of law or fact common to the […]

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Business Update Info Uncategorized

Leaving us a review

This is where you can go to leave Wheat Legal PLLC a review  

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Info Litigation Opinion Personal Uncategorized

Master’s thesis

AI & the Law – Final 20180527

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Opinion Personal Uncategorized

“There I was…..”

‘THERE I WAS’ LAW One of the reasons attorney Jeffery Wheat has always resisted picking a specific area of law he “does” is because life doesn’t put such neat labels on client’s problems. You can’t tell someone who was thrown in jail on Christmas Day for refusing to pay a bribe solicited by a police […]