Item 8.01 - Other Events
Corporate Update
On March April 7, 2022, Power REIT ("Power REIT" or the "Trust"), through a
wholly owned subsidiary, filed a Motion for Expedited Hearing (the "Motion") for
its previously announced complaint against Marengo Township, Michigan. The
complaint pertains to the operations at a property that a wholly owned
subsidiary of Millennium Sustainable Ventures Corp. has leased from Power REIT.
The Complaint was filed in the United States District Court - Western District
of Michigan - Southern Division and the Case Number is: 1:22-cv-00321. The
Complaint is an action for equitable, declaratory and injunctive relief arising
out of Township's false promises, constitutional violations by the Township's
deprivation of Plaintiffs' civil rights through its refusal and failure to
comply with its own ordinances and state law as well as a common dispute
resolution mechanism.
The foregoing descriptions of the litigation does not purport to be complete and
are qualified in its entirety by reference to the Motion along with its
exhibits, a copy of which is attached hereto as Exhibit 10.1 and is incorporated
into this Current Report on Form 8-K by reference.
Item 9.01 Financial Statements and Exhibits.
Exhibits
Ex. No. Description
10.1 Motion for Expedited Hearing
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
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