That's possible. Another possibility is that the case file shows proper notice by the attorney of record to resign as well as proper notification to ARTS and EV. The letter even notifies EV and ARTS of important dates in the upcoming future. If the 25th arrives and ARTS - who must be represented by counsel at trial - is a no show, it's likely Rash is going to get a default judgment. If that happens, IMO, ARTS is also guilty of pure negligent for not even trying to defend not only itself, but the shareholders.
Not that there is anything left on this carcass for shareholders to benefit from.
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