Stanley S. Arkin, Counsel for H.S.H. Prince Albert II of Monaco, Files Motion to Dismiss Meritless Complaint of Robert Eringer

Declares Eringer's Lawsuit "a Crude 'Shake Down' or Blatant Extortion"

NEW YORK and MALIBU, California, November 11 - Stanley S. Arkin, legal counsel for Prince Albert II of Monaco ("Prince
Albert"), today filed in federal court in California a motion on Prince
Albert's behalf calling for the court to dismiss the meritless lawsuit of
Robert Eringer. By filing this lawsuit, Eringer is attempting to misuse the
U.S. judicial system to extract undeserved monies from Prince Albert.

Mr. Arkin stated, "Simply put, Robert Eringer, like his attempted
lawsuit, is not credible. In fact, he dresses up his complaint with pages
upon pages of unrelated and seemingly bizarre anecdotes which have nothing to
do with his so-called claim. Basically, Eringer's lawsuit couches a modest
breach-of-contract claim in a complaint replete with grandiose, scurrilous
and largely irrelevant allegations, redolent of a crude 'shake-down' or
blatant extortion."

The motion filed by Mr. Arkin asserts that Prince Albert, as Monaco's
sovereign and head-of-state, is entitled to immunity from Eringer's lawsuit.
Customary international law provides that a foreign head-of-state is afforded
absolute immunity from jurisdiction in United States courts.

Furthermore, the motion underscores that Eringer's allegations make plain
that the contract in question relates to matters that are in no way
associated with California (where Eringer filed his complaint) or the United
States. As the motion points out, "It is hard to conceive of a scenario where
it would be less appropriate for a dispute to be adjudicated by this Court."

The motion also brings to the attention of the court the fact that
Eringer, in a letter to Prince Albert in September 2009, demanded
approximately 400,000 (or $600,000) in exchange for keeping private the
contents of the unfiled complaint. The motion states, "In exacting revenge
for being frustrated in the pursuit of money to which he is not entitled,
Plaintiff has demonstrated his malignant intent; the filed Complaint contains
a demand of only 40,000 (approximately $60,000) - a fraction of the amount
originally demanded by Plaintiff."

"Eringer has turned a naked attempt at extortion into a meritless lawsuit
about a contract dispute," Mr. Arkin stated. "As the public record shows,
this is not the first time he has attempted to victimize innocent people."

    Contact:
    Robert Siegfried
    Kekst and Company
    +1-212-521-4832

Robert Siegfried, Kekst and Company, +1-212-521-4832