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I could see this reaching privy council or some siblings might just go missingThe_Honourable wrote:pugboy wrote:from the papers story it’s not clear what exactly went on
who could summarize what the article saying?
Ish and Dagwood was in a 50/50 partnership, both had 100,000 shares each in ICHL, Royal Castle’s parent company.
Before Ish died, he split his 100,000 shares among his four children equally - 25,000 shares each.
The claim is that according to ICHL by laws, before Ish transfer any shares it must be offered to ICHL and Dagwood first. ICHL claims that Ish did not do this and broke the by-laws making the transfer illegal.
Bacchanal ensues.
The_Honourable wrote:pugboy wrote:from the papers story it’s not clear what exactly went on
who could summarize what the article saying?
Ish and Dagwood was in a 50/50 partnership, both had 100,000 shares each in ICHL, Royal Castle’s parent company.
Before Ish died, he split his 100,000 shares among his four children equally - 25,000 shares each.
The claim is that according to ICHL by laws, before Ish transfer any shares it must be offered to ICHL and Dagwood first. ICHL claims that Ish did not do this and broke the by-laws making the transfer illegal.
Bacchanal ensues.
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