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BrokeAgent

11/01/21 2:38 PM

#92592 RE: zombywolf #92591

I think that's only in bankruptcy proceedings, when a debtor files a lien and asks the court to take possession.

Either way, we're going to pay -- a custodian is a lawyer appointed by the courts and paid for by shareholders, or we elect a board and file the necessary docs for receivership through the lawyers who filed the derivative lawsuit. With a custodianship, we may not be out of pocket up front; the custodian could take their fees from the proceeds of the settlement, though I'm not sure really.