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Re: PeonyVMW post# 80832

Monday, 05/22/2023 4:33:49 PM

Monday, May 22, 2023 4:33:49 PM

Post# of 80867
Drex could have let WW buy out his position and walked away with WW buying out his original investment and subsequent (converted) loans, not to mention his interest and salary all tucked neatly in his pocket. All he had to do was admit that someone else needed to run the show.

Instead, his ego wouldn't let him give way and he'll lose pretty much everything but the cash he actively pocketed. He'll also continue to face a pissed off WW:

"“White Winston D&O Claims” means the estate’s causes of action (and
associated rights to director and officer insurance) against directors and
officers for breaches of their fiduciary duties of loyalty, care, and good faith

that arose on or before December 31, 2018."