Friday, June 6, 2008

Raging Stallion Sues Drake’s After Midnight


Drake’s, which caters primarily to gay clientele, is one of the oldest adult retailers in the Los Angeles area, with a location in West Hollywood.

This morning, gay production company Raging Stallion Studios filed suit against Drake's for nonpayment of bills some more than a year old.

“This is becoming a more and more common problem as economic times worsen. We at Raging Stallion, however, will not be left holding the bag,” Chris Ward Owner of Raging Stallion continued. “We intend to collect each and every dollar owed to us and stores will quickly learn that by refusing to pay they will incur significant legal debt and still have to pay us in the end anyway. The choice is theirs. As for Drakes, we will aggressively pursue them until our debt is satisfied, even if it means seizing assets."

Looks like the Economical slow down is going to hit all kinds of business.

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