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10. Contingencies
12 Months Ended
Dec. 31, 2012
Commitments and Contingencies Disclosure [Abstract]  
Note 10 - Contingencies

The Company, from time to time, is or may become involved in various litigation relating to claims arising out of its normal business operations.

 

The Company was a Defendant in a lawsuit styled Kari Heyser, Fred Eric Heyser and Meck Enterprises, LLC, et al v. Noble Roman’s, Inc. et al, filed in Superior Court in Hamilton County, Indiana in June 2008 (Cause No. 29D01 0806 PL 739).  The Plaintiffs’ allegations of fraud against the Company and certain of its officers were determined to be without merit and Plaintiffs have exhausted their rights of appeal.  The Company is no longer a Defendant in this case.

 

The Company filed counterclaims for damages for breach of contract against the Plaintiffs.  The Company proceeded to trial against two of the Plaintiffs and obtained damage awards against each.  In addition to direct and consequential damages in the Court’s summary judgment Order, the Court determined that as a matter of law Noble Roman’s is entitled to recover attorney fees associated with obtaining preliminary injunctions, fees resulting from the prosecution of  Noble Roman’s counterclaims, and fees for defending against the various claims made against the Company.  A hearing has been set for March 21, 2013 on the amount of attorney fees to be awarded.  Sometime after the hearing on attorney fees, the Court is expected to issue an Order for a judgment amount to be awarded to the Company against the two remaining Plaintiffs.


Other than as disclosed above, the Company is involved in no other material litigation.