Lawsuit: Pending Volt Bank, Inc. v. Alta Group Corporation [2025] FCR 128

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Motion


IN THE FEDERAL COURT OF THE COMMONWEALTH OF REDMONT
MOTION FOR EMERGENCY INJUNCTION

Your Honour,

Plaintiff respectfully requests that the Court issue an emergency injunction to halt the ongoing government auction of Plot S105 and prohibit any transfer or sale of said property pending resolution of this matter. Plaintiff will suffer irreparable harm because of the ongoing auction.

On 31 October 2025, Plaintiff extended a $700,000 loan to Defendant, secured by fourteen real estate plots, including Plot S105. The Loan Agreement explicitly prohibits Defendant from selling, transferring, or disposing of any collateral without Plaintiff's prior written consent. Plot S105 has been seized by the government and is currently listed for active auction.

A full case will be filed soon.

 

Attachments

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Motion


IN THE FEDERAL COURT OF THE COMMONWEALTH OF REDMONT
MOTION FOR EMERGENCY INJUNCTION

Your Honour,

Plaintiff respectfully requests that the Court issue an emergency injunction to halt the ongoing government auction of Plot S105 and prohibit any transfer or sale of said property pending resolution of this matter. Plaintiff will suffer irreparable harm because of the ongoing auction.

On 31 October 2025, Plaintiff extended a $700,000 loan to Defendant, secured by fourteen real estate plots, including Plot S105. The Loan Agreement explicitly prohibits Defendant from selling, transferring, or disposing of any collateral without Plaintiff's prior written consent. Plot S105 has been seized by the government and is currently listed for active auction.

A full case will be filed soon.


EI Granted. DCT shall halt the ongoing auction pending an order from this Court. The EI is in effect for 4 Hours, until the cessation of this case.
 
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Case Filing


IN THE FEDERAL COURT OF THE COMMONWEALTH OF REDMONT
CIVIL ACTION

Volt Bank, Inc. (represented by ToadKing)
Plaintiff

v.

Alta Group Corporation
Defendant

COMPLAINT

The Plaintiff complains against the Defendants as follows:

The Defendant defaulted on a loan agreement with the Plaintiff by allowing collateral property (Plot S105) to be seized by the government and listed for auction without the Lender's prior notice or consent, in direct violation of Section 2.4 and Section 3.1 of the Loan Agreement, constituting Breach of Contract

I. PARTIES​

1. Volt Bank, Inc.
2. Alta Group Corporation
3. 12700k (Owner of Alta Group)

II. FACTS​

1. On 31 October 2025, the Defendant executed a Loan Agreement with Volt Bank, Inc. (P-001, P-002)
2. Under the Loan Agreement, Volt Bank extended a loan to the Defendant in the principal amount of $700,000. (P-003)
3. The Loan Agreement bears interest at a rate of 8% per month (simple interest) and has a loan term of 1 month. (P-004)
4. Section 2.4 of the Loan Agreement provides that the Defendant granted Volt Bank a security interest in the following collateral properties: c257, c256, c330, s030, s107, s105, s118, r027, r058, r101, av-c076, av-c078, av-c056, av-c057. (P-005)
5. Section 2.4 of the Loan Agreement explicitly states: "The Borrower agrees not to sell, transfer, gift, assign, lease, or list for sale/re-sale any of the Collateral in any manner before the loan is paid in full, without the Lender's prior written consent." (P-005)
6. Section 3.1 of the Loan Agreement defines "Unauthorized Transfer of Collateral" as an Event of Default: "The Borrower sells, transfers, trades, leases, or lists for sale any of the Collateral (or any part of it) without the Lender's prior consent, or otherwise disposes of or encumbers the Collateral in any way before the loan is fully repaid." (P-006)
7. On or around 1 December 2025, Plot S105 was seized by the government of the Commonwealth of Redmont. (P-007, P-008)
8. The government has listed Plot S105 for auction. (P-009)
9. The auction is currently active and ongoing.
10. Plot S105 is no longer held by 12700k on behalf of Alta Group Corporation.
11. The Defendant did not provide any prior notice to Volt Bank regarding the government seizure or auction of Plot S105.
12. The Defendant has not repaid any portion of the principal amount of $700,000.
13. As of the date of this Complaint, the total amount owed under the Loan Agreement is $756,000 ($700,000 principal plus $56,000 in accrued interest).
14. The loss of Plot S105 as collateral constitutes an unauthorised transfer and disposal of collateral in violation of Section 2.4 of the Loan Agreement.
15. The Defendant has defaulted under the Loan Agreement pursuant to Section 3.1.

III. CLAIMS FOR RELIEF​

Section 7 of the Contracts Act states:
7 - Breach of Contract
(1) A breach of contract occurs when a party fails to fulfil its contractual obligations.
(a) Remedies for breach may include damages, specific performance, or other equitable relief.
The Defendant breached the Loan Agreement under Section 7 of the Contracts Act by:
  1. Allowing Plot S105 to be seized by the government and listed for auction without providing prior notice to Volt Bank, in direct violation of Section 2.4 of the Loan Agreement.
  2. Failing to prevent the unauthorised transfer and disposal of collateral, thereby triggering an Event of Default under Section 3.1 of the Loan Agreement.
  3. Failing to repay the principal amount of $700,000 despite the occurrence of an Event of Default.
Under Section 3.3 of the Loan Agreement, upon an Event of Default, Volt Bank is entitled to:
  1. Declare the entire remaining loan balance (principal plus accrued interest) immediately due and payable in full (Acceleration of Debt).
  2. Seize all remaining collateral: "If Collateral is specified and an Event of Default occurs, the Borrower forfeits any rights to the Collateral. The Lender is entitled to immediately take ownership of, repossess, or otherwise seize the Collateral without further notice or court order."
  3. Pursue legal action to enforce the Agreement and recover amounts due, including court costs and legal fees.

IV. PRAYER FOR RELIEF​

The Plaintiff respectfully requests that this Court grant the following relief:

1. A Court Order immediately transferring ownership of all remaining collateral plots to Volt Bank, Inc., including: c257, c256, c330, s030, s107, s118, r027, r058, r101, av-c076, av-c078, av-c056, av-c057, pursuant to Section 3.3 of the Loan Agreement.

2. A Court Order immediately halting the government auction of Plot S105 and transferring ownership of Plot S105 to Volt Bank, Inc. as collateral security for the outstanding debt.

3. $756,000 in Compensatory Damages representing the total accelerated debt ($700,000 principal plus $56,000 accrued interest), less the value of any assets transferred, pursuant to Legal Damages Act, Section 4.

4. Compensatory Damages for all additional interest that continues to accrue at the contractual rate from the date of this Complaint through the date of judgment, pursuant to Legal Damages Act, Section 4.

5. 30% Legal Fees pursuant to Legal Damages Act Section 9.

EVIDENCE​

See Volt Loan Agreement (FTLCEO).pdf
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By making this submission, I agree I understand the penalties of lying in court and the fact that I am subject to perjury should I knowingly make a false statement in court.

DATED: This 2nd day of December 2025

 

Attachments

EI Granted. DCT shall halt the ongoing auction pending an order from this Court. The EI is in effect for 4 Hours.


The Court extends the Emergency Injunction to the cessation of this case.
 

Motion


IN THE FEDERAL COURT OF THE COMMONWEALTH OF REDMONT
MOTION FOR EMERGENCY INJUNCTION

Your Honour,

Plaintiff respectfully requests that the Court issue an emergency injunction and asset freeze to halt the ongoing fraudulent dissipation of collateral and assets by Defendant.

Plaintiff has now discovered that Defendant has engaged in a systematic scheme to fraudulently strip and dissipate the collateral securing the loan. Specifically, Defendant has transferred away at least four collateral plots without Plaintiff's knowledge or consent (P-014):

  1. Plot r101 was transferred to peuko before 24 November 2025 (not currently owned by Defendant) (P-010);
  2. Plot c330 was transferred to RylandW before 24 November 2025 (not currently owned by Defendant)(P-011);
  3. Plot r027 was transferred to GovDevelop before 24 November 2025 (not currently owned by Defendant) (P-012); and
  4. Plot s105 has been seized by the government and is currently listed for active auction.
These transfers constitute clear fraud and intentional breach of contract, demonstrating Defendants' ongoing pattern of dissipating assets to render themselves judgment-proof and deprive Plaintiff of its secured collateral.

Given this systematic fraudulent conduct and the imminent risk that Defendant will continue to transfer, hide, or dissipate all remaining assets to evade their $700,000 debt obligation, Plaintiff requests this Court immediately freeze all assets and property of: Alta Group Corporation, Citadel Bank Incorporated (owned by 12700k, P-015, P-016) and 12700k individually to prevent further irreparable harm.

Specifically, Plaintiff requests the Court freeze:
  1. All real estate plots currently owned by Defendant or transferred away from Defendant, including but not limited to all remaining collateral plots (c257, c256, s030, s107, s118, r058, av-c076, av-c078, av-c056, av-c057) and any other plots owned by Defendant (P-013);
  2. All money held by Defendant, including in-game balance, business balance, any bank account balances at any financial institution, National Exchange of Redmont (NER) balance, and any cash held anywhere in Redmont; and
  3. All items and blocks held in Defendants' inventory, EnderChest, supporter chests, and any containers owned by Defendant anywhere in Redmont.
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On 12/1/25 at 8:26pm EST, Omegabiebel (Omegatuk) pinged the Court regarding an EI on an active case. Therefore,

Court Order


IN THE FEDERAL COURT OF THE COMMONWEALTH OF REDMONT
Order - Contempt of Court, Omegabiebel


The Court finds that the party has engaged in conduct that obstructs or interferes with the administration of justice in violation of Criminal Code Act, Part III, Section 2(b). Pursuant to the Supreme Court’s holding in Appeal: Denied – [2025] FCR 119, no prior warning is required for contempt under subsection (b). Accordingly, Omegabiebel is hereby held in Contempt of Court and shall be fined $1,000 and imprisoned for 10 minutes.

So Ordered,
Judge Mug

 
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