08-28-2015, 02:21 PM
"Removal by a judge for gross negligence or willful misconduct is the only option outside of a recall of each director."
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Negligence and or willful misconduct of course would be legally prove first. A good place to start is with arbitration.
It appeared to be the most expedite path when we explored options. "Leave or be sued "works .
("Any judgment and/or award rendered by the Arbitrator may be entered into any court having jurisdiction thereof.")
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And if this is an option... ("An attorney suggested that members find the receivership documents and look for the provisions in it. He said judges don't like it when their instructions aren't followed.".)
Not sure of the cost or the procedure but I think it's worthy of exploration . Would this mean court appointed BOD members ? Oh, that sounds wonderful!
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Negligence and or willful misconduct of course would be legally prove first. A good place to start is with arbitration.
It appeared to be the most expedite path when we explored options. "Leave or be sued "works .
("Any judgment and/or award rendered by the Arbitrator may be entered into any court having jurisdiction thereof.")
---------------------------------------------------------------------------------------------
And if this is an option... ("An attorney suggested that members find the receivership documents and look for the provisions in it. He said judges don't like it when their instructions aren't followed.".)
Not sure of the cost or the procedure but I think it's worthy of exploration . Would this mean court appointed BOD members ? Oh, that sounds wonderful!

