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litton51

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litton51

Re: p2k12 post# 56345

Tuesday, 04/17/2012 10:49:38 AM

Tuesday, April 17, 2012 10:49:38 AM

Post# of 60937
The judge also noted that the board had never been elected, in contravention of Delaware law and of a judge's order to have done so. How that will play out is unknown. How does a group of unelected individuals make a binding agreement for a corporation that never elected them to do so?
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