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Posted On: 09/03/2021 3:21:26 PM
Post# of 153937
Jake wrote:
Thanks, Jake, But what happens if one court rules one way and the other court the other way?
Beginning to remind me of Jarndyce v. Jarndyce, in Bleak House. That case is about a large estate where the inheritors sue and countersue until the estate is completely used up, and the case has gone on for years, benefitting no one. Except the lawyers, of course.
Quote:
The inability to remove means that the Delaware Court of Chancery will rule on the BOD ballot issue by focusing exclusively on compliance with CYDY's corporate by-laws, while the federal court (Judge Noreika) will determine the same issue by focusing exclusively on compliance with SEC statutes and rules.
Thanks, Jake, But what happens if one court rules one way and the other court the other way?
Beginning to remind me of Jarndyce v. Jarndyce, in Bleak House. That case is about a large estate where the inheritors sue and countersue until the estate is completely used up, and the case has gone on for years, benefitting no one. Except the lawyers, of course.
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