Sunday, September 14, 2014

Biomed Realty Trust Inc (BMR), the Largest Public-Traded Commercial Real Estate for Life Science Industry that has Failed to Disclose its Legal Proceedings to SEC and the Public against SEC Regulations and Public Policy, is on Trial for Destruction of Entire Human Embryonic Stem Cell Stock and Stem Cell Research Facility of San Diego Regenerative Medicine Institute (SDRMI)

A civil trial will be open at San Diego Central Court next week for a lawsuit brought by San Diego Regenerative Medicine Institute (SDRMI) for alleged destruction of entire human embryonic stem cell stock and stem cell research facility by its landlord, BioMed Realty (BMR). The case files (case#37-2013-00038680 and related case#37-2012-00042147) and court records can be viewed at http://www.sdcourt.ca.govAll the information disclosed below is privileged and provided by BMR, SDRMI, and other sources through case discovery. This blog makes no representations as to accuracy, completeness, correctness, reliability, suitability, or validity of this information. The content on this blog is the opinion only, not intended to malign any religion, ethnic group, club, organization, company, or individual, or anyone or anything.

BioMed Realty Trust Inc (BMR) -- Biomed Realty Trust Inc, Biomed Realty LP, BMR-Bunker Hill LP -- is the largest public-traded commercial real estate specializing leasing laboratory spaces for life science industry. BMR has failed to disclose its legal proceedings to the United States Security and Exchange Commission (SEC) and the Public in consecutive quarterly reports against SEC regulations and Public Policy (please see http://www.sec.gov/). BMR’s board members include trustees and president of Salk Institute; trustee of Stanford University; CEO of Amylin Pharmaceuticals; boards of directors of Illumina, Geron Corporation, Alliance Pharmaceutical Corp, Corcept Therapeutics, and Castle Biosciences; the advisory councils of the University of California San Diego and the University of Miami; President of Roth Capital (please see http://www.biomed.com ). Its biotechnology company investment portfolio includes some of the trailblazers in human embryonic stem cell lines, such as Geron and Asterias Biotherapeutics, a subsidiary of Biotime, which dosed on stem cell assets of Geron in October 2013 under a $40 million deal for acquiring four cell lines, including OPC1, that were shelved by Geron. Asterias entered an 8-year lease contract with BMR in January 2014, and subsequently, received a $14.3 million award from California Institute for Regenerative Medicine (CIRM) in May 2014 to continue clinical trial of OPC1 for spinal cord injury abandoned by Geron in November 2011.

San Diego Regenerative Medicine Institute (SDRMI), a nonprofit independent biomedical research institute incorporated in California with 501C3 IRS tax-exempt status, was founded in 2010 to continue its founder Dr. Parsons’ human embryonic stem cell research. SDRMI’s human embryonic stem cell lines include 12 clinical-grade high quality cell lines, which SDRMI owns the commercial rights, and 15 research-grade cell lines. They provides so far the only available high-quality human functional brain and heart cell source for battling diseases like Parkinson’s disease, ALS, Alzheimer disease, stroke, brain and spinal cord injuries, heart disease and failure. These incurable hitherto untreatable diseases incur exorbitant costs on the healthcare system, therefore, there is a strong focus on providing newer and more efficient solutions for these therapeutic needs. SDRMI human stem cells provide life scientists and clinicians with novel and effective resources to address major health concerns that millions of people are pinning their hopes on.

In April 2011, SDRMI signed a one year lease agreement with BMR at San Diego Science Center. The consequence is that, before SDRMI signed into the one year lease with BMR, SDRMI had promising stem cell research and millions worth of human stem cell asset, by the end of one year lease, BMR had destroyed SDRMI entire human embryonic stem cell stock and stem cell research materials of over 8 years of research, confiscated almost all SDRMI stem cell research equipment, and filed a law-suit against SDRMI. In December 2011, following Geron unexpected exit of the stem cell field, SDRMI was running out of funding to continue its human embryonic stem cell research. In January 2012, SDRMI had unsuccessfully appealed for its CIRM grants (CIRM ICOC board meeting in San Diego on January 17, 2012, see http://www.cirm.ca.gov/  and http://www.cirm.ca.gov/board-and-meetings/public-meetings, and meeting transcript at http://www.cirm.ca.gov/sites/default/files/files/agenda/transcripts/ICOC-1-17-12%20Transcript.pdf ), which was quickly followed by BMR unlawful detainer action filed in San Diego Central Court (case#37-2012-00042147, and court records can be viewed at http://www.sdcourt.ca.gov, please also see below image files of SD court records timeline), although SDRMI was only one month behind rent (please see image file of rent payment below) and had paid ahead for the whole last month rent (security deposit that BMR has never returned) and BMR over-charged utility (BMR averaged the building utility against the lease agreement to overcharge small startup company). To speed up the eviction process, BMR also alleged SDRMI abandonment in the same time, and alleged SDRMI property only worth $300 in their abandonment notice (please see image files provided by BMR themselves through case discovery below), although SDRMI’s entire stem cell research work products and research equipment worth millions were still at the leased premise. It seems that legal actions were not quick enough, BMR then took self-helped eviction to inactivate SDRMI access key cards and change locks, which made SDRMI unable to respond to BMR’s legal actions, nor be able to move out (please see image files provided by BMR themselves through case discovery below). Quickly followed by an unopposed default of unlawful detainer that BMR obtained in court in the end of February, on March 7, 2012, BMR entered SDRMI lab, broke open SDRMI freezer locks, deliberately took all human embryonic stem cells and research materials out of cryofreezer and freezers, and destroyed SDRMI priceless human embryonic stem cell master bank and stem cell research materials for good, all done in the name of exit survey and decontamination of hazardous materials that BMR deliberately put into their lease (please see image files provided by BMR themselves through case discovery below).   

SDRMI was shocked to see that a company claimed to be the world largest commercial real estate for life science industry has such low ethic and professional standards in doing business, such as BMR has denied that it has a duty of care for its tenants, put malicious provisions for exit survey, decontamination of hazardous materials, gave life science company no time or only 2 days to move upon termination of the lease without disclosure of the risks of those provisions to life science company against public policy and code of ethics, denied tenant’s request for changes of those malicious provisions in the lease, BMR malicious conducts of self-help eviction, changing locks, unplugging utility, breaking tenant’s freezer locks and taking valuable research materials and stem cells out of cryofreezer and freezer to destroy them, selling or donating life science company’s research equipment, all without obtaining consent from the tenant, which BMR has admitted during case discovery; SDRMI were beyond shocked that BMR claimed that it was legal for BMR so quickly and so carelessly destroy SDRMI valuable human embryonic stem cell lines, human stem cell therapy products, and stem cell research materials of over 8 years stem cell research with millions of tax dollars and donation by using an limited unlawful detainer of less than $25,000 (please see image files of BMR attorney letters provided by BMR themselves through case discovery below). SDRMI was shocked that BMR denied that they knew anything stored in the cryofreezer and freezer of life science company or institute were valuable, BMR denied that they knew that SDRMI’s human embryonic stem cells and preclinical cell therapy products were valuable, and BMR denied that they knew that, if they deliberately took any materials out of freezers and cryofreezer and left at room temperature, they would destroy those materials for good.

BMR believes that their legal defenses are impeccable, they have a lease with hidden legal languages for their malicious intention for destruction of valuable life science research materials of its tenants (such as put malicious provisions for exit survey, decontamination of hazardous materials, give life science company no time or only 2 days to move upon termination of the lease without disclosure of the risks of those provisions to life science company against public policy and code of ethics, deny tenant’s request for changes of those malicious provisions in the lease), they have abandonment notice, and they have unlawful detainer (please see image files provided by BMR themselves through case discovery below). Not only BMR claims they are not legally responsible for any of their deliberate damages to SDRMI because of the one year lease SDRMI signed into, BMR attorney Steve Blake of Galuppo & Blake has also been very aggressive in pursuing the $11,308.09 money judgment that BMR obtained after their lock out by continuing to go to court to bring legal actions and sanctions to SDRMI in the last 2 years (case#37-2012-00042147, and court records can be viewed at http://www.sdcourt.ca.gov, please also see below image files of SD court records timeline)BMR attorney never mentioned to court that there was illegal lock-out, there was illegal destruction of SDRMI human ES cells and research materials, there was illegal selling of SDRMI stem cell research equipment, and BMR refused to return SDRMI stem cell research equipment worth more than the money judgment (please see image files of BMR attorney communication through case discovery below). In January 2014, BMR entered an 8-year lease contract with Asterias, in the same time, BMR filed a cross-complaint in court to SDRMI founder Dr. Parsons, even though only SDRMI, not Dr. Parsons, signed a one year lease with BMR, and California business law indemnifies executives from personal liability. In May 2014, CIRM gave Asterias $14.3 million award, afterwards, BMR attorney Steve Blake filed multiple motions in court for court sanction, writ of execution, court-appointed receiver with malicious intention and primarily for improper purposes, such as harassment or intentionally cause needless increase in the cost of litigation, to force SDRMI handover its stem cell patent, hostile takeover, force SDRMI liquidate its asset into bankruptcy, compel SDRMI production of information and documents that contain information that is commercially sensitive, trade secret, proprietary, confidential and/or subject to a right of privacy entitled by law (please see BMR attorney’s frequent ex parte contacts with SDRMI below and image files of SD court records timeline). Why would a commercial real estate company be interested in SDRMI’s stem cell patent? How could BMR attorney Steve Blake edge his motions through the court that could not possibly happen to any regular company according to California civil code procedures? How much money tangle of a real estate company has been with California stem cell agency and possibly other powerful systems?


BMR provided the supporting documents below.



















-----Original Message-----
From: Steven W. Blake [mailto:sblake@galuppolaw.com]
Sent: Friday, August 01, 2014 12:38 PM
To: Xuejun H Parsons
Subject: Amount Owed for BMR UD Judgment
Importance: High

Dear Mrs. Parsons,
I reviewed our file and the amount necessary to satisfy the BMR unlawful detainer judgment against SDRMI is $27,528.39, which is itemized as follows:

1.      Amount of Judgment:                                                   $11,308.09

2.      10% Interest (05/05/12 – 08/01/14)
Daily Interest $3.10 x 818 Days                                   $2,535.80

3.      Monetary Sanction                                                         $1,620.00

4.      BMR’s Attorney’s Fees to Enforce Judgment      $11,573.00

5.      BMR’s Costs to Enforce Judgment                            $491.50

TOTAL AMOUNT OWED:                                                       $27,528.39

BMR is entitled to its attorney’s fees and costs in enforcing the judgment per California Code of Civil Procedure section 685.040 based on the underlying judgment which included an award of attorney’s fees.  (See attached statute)

BMR is willing to accept the $15,319.82 payment as partial satisfaction of the UD judgment and SDRMI would still be responsible for the remaining $12,208.57.  But, before doing so, please confirm that is what SDRMI would like to do.  In the meantime, I will hold SDRMI’s check, until I hear from you. 

Additionally, in all of its statements over the last several weeks/months/years SDRMI has claimed it has $0, no accounts receivable and no expectation of receiving any funds.  Therefore, I can only assume that someone loaned SDRMI the money that you gave me the other day.  Does SDRMI have any type of corporate resolution, Board approval or other authorization for borrowing this money and using it to pay BMR?  Could you please forward that information to me.  BMR is concerned that it could be sued for fraudulent conveyance by the lender or whomever the money was loaned by, since a Nonprofit typically cannot make loans or distribute funds without Board approval.   

Please let me know if you have any questions.  I look forward to receiving that information.

Steve

Steven W. Blake, Esq.
Real Estate and Business Attorney
Galuppo & Blake
A Professional Law Corporation
Direct:        760.431-4575
Fax:             760.431.4579


-----Original Message-----
From: Steven W. Blake [mailto:sblake@galuppolaw.com]
Sent: Friday, July 18, 2014 11:30 AM
To: Xuejun H Parsons
Subject: SDRMI Turnover of Patent to BMR

Dear Dr. Parsons,

I write to request SDRMI’s voluntary compliance to turnover and assign its patent to BMR-Bunker Hill LP within the next 7 days.   BMR, as judgment creditor, is entitled to turnover of the patent to help satisfy the judgment it holds against SDRMI.  (See Code of Civil Procedure §708.510, et seq.)

In the event that SDRMI refuses to voluntarily assign the patent to BMR, I have been instructed to go into Court ex parte and ask the court for an order requiring turnover of the patent to BMR based on BMR’s attached Writ of Execution. 

I look forward to receiving the assignment documents a.s.a.p.

Thanks.

Steve

Steven W. Blake, Esq.
Real Estate and Business Attorney
Galuppo & Blake
A Professional Law Corporation
Direct:        760.431-4575
Fax:             760.431.4579


-----Original Message-----
From: Steven W. Blake [mailto:sblake@galuppolaw.com]
Sent: Friday, July 18, 2014 11:23 AM
To: Xuejun H Parsons
Subject: BMR v. SDRMI - UD case

Dear Dr. Parsons,

You were not present yesterday at the hearing in the UD case regarding SDRMI’s compliance with post-judgment discovery.  Given SDRMI’s non-compliance with the Court’s previous order, Judge Eddie Sturgeon specially set a hearing for the appointment of a receiver to take control of SDRMI.  The hearing is set August 13, 2014, at 1:30 p.m. in department C-07 of the San Diego Superior Court.  I mail served copies of the moving papers to your home yesterday. 

Given the financial situation of SDRMI and the lack of any corporate formalities, it is likely that a receiver will liquidate SDRMI’s assets, if any, and dissolve the company or put it in bankruptcy. 

Please let me know if you have any questions.

Thanks

Steve

Steven W. Blake, Esq.
Real Estate and Business Attorney
Galuppo & Blake
A Professional Law Corporation
Direct:        760.431-4575
Fax:             760.431.4579


-----Original Message-----
From: Steven W. Blake [mailto:sblake@galuppolaw.com]
Sent: Friday, July 18, 2014 11:30 AM
To: Xuejun H Parsons
Subject: SDRMI Turnover of Patent to BMR

Dear Dr. Parsons,

I write to request SDRMI’s voluntary compliance to turnover and assign its patent to BMR-Bunker Hill LP within the next 7 days.   BMR, as judgment creditor, is entitled to turnover of the patent to help satisfy the judgment it holds against SDRMI.  (See Code of Civil Procedure §708.510, et seq.)

In the event that SDRMI refuses to voluntarily assign the patent to BMR, I have been instructed to go into Court ex parte and ask the court for an order requiring turnover of the patent to BMR based on BMR’s attached Writ of Execution. 

I look forward to receiving the assignment documents a.s.a.p.

Thanks.

Steve

Steven W. Blake, Esq.
Real Estate and Business Attorney
Galuppo & Blake
A Professional Law Corporation
Direct:        760.431-4575
Fax:             760.431.4579


-----Original Message-----
From: Steven W. Blake [mailto:sblake@galuppolaw.com]
Sent: Tuesday, June 17, 2014 12:42 PM
To: parsons@sdrmi.org
Subject: BMR v. SDRMI - UD Case - SEIZURE ORDER
Importance: High

Dear Dr. Parsons,

Yesterday, Judge Whitney granted BMR-Bunker Hill LP’s ex parte application directing the Sheriff to seize SDRMI personal property located at your residence at 4539 Donald Avenue, San Diego, CA 92117, in order to satisfy the judgment BMR has against SDRMI.  Judge Whitney also ordered that SDRMI is prohibited from hiding, moving, concealing or transferring the personal property or interfering with the Sheriff’s ability to seize the property.

I attached a copy of the Order, I will forward the signed copy once I get it back from the Court. 

Please understand that the Sheriff will contact us and you as to when he/she will come to your property to seize the property.  At that time, we will have movers present that will move the property out of your house.  Therefore, it would be prudent for you to move the property into your garage or some other easily accessible location so that the process will be as minimally intrusive as possible.   If you do not the Sheriff is authorized to use all reasonable means to enter your home and access the property. 

In the event SDRMI fails to make the property available to the Sheriff, I will go back into court and seek further relief against SDRMI, including but not limited to sanctions or contempt. 

Please let me know if you have any questions. 

Steve

Steven W. Blake, Esq.
Real Estate and Business Attorney
Galuppo & Blake
A Professional Law Corporation
Direct:        760.431-4575
Fax:             760.431.4579
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