EnergyNewsBreaks – Renewal Fuels, Inc. (OTC: RNWF) Provides Court Update on Share Rescission Case
Renewal Fuels (OTC: RNWF) provided an update on its pending civil action in King County Superior Court, stating that on Feb. 26, 2026, the court dismissed all claims against Justin Costello under Civil Rule 41 and struck his emergency motion for stay after he was removed as a party. The court also struck the company’s motion for entry of default judgment against the remaining corporate defendants on procedural grounds related solely to citation formatting, while leaving defaults against those defendants in place and not addressing service, rescission, the evidentiary record or the merits of the claims. The action seeks rescission of two 2021 asset purchase agreements…

