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Re: [ga] Removal of Directors


DPF wrote:

> On Sun, 8 Apr 2001 09:16:04 -0700, you wrote:
>
> >On Sun, Apr 08, 2001 at 09:41:22AM -0400, babybows.com wrote:
> >> Siegfried Langenbach has made a very reasonable comment.  In requesting that
> >> Directors Alejandro Pisanty and Jonathan Cohen justify their decision (to
> >> vote against the consensus position of the DNSO)
> >
> >Correction: contrary to popular belief, there was no consensus position
> >of the DNSO.  The vote in favor of retaining the current contract was
> >only 9 out of the 19 directors -- not even a majority, and far less
> >than that required for a determination of consensus.
>
> And what was the vote in favour of the new contract?  Around 5 out of
> 19?
>
> It would seem common sense and courtesy for the DNSO appointed
> Directors to at least communicate why they voted the way they did.
> They have no legal obligation to do so, but if they want reappointment
> it would seem sensible.

I would agree!

SS


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