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litton51

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litton51

Re: drkazmd65 post# 55953

Thursday, 03/01/2012 4:06:58 PM

Thursday, March 01, 2012 4:06:58 PM

Post# of 60937
Sorry, no. You must have read a different court decision.

In just so many words the judge ordered the receiver to dissolve the company, wind-up its affairs, and split among the shareholders the remains of company assets after valid creditors are paid. I see no wiggle room to create a new BOD and stay in business, nor would I want such.

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