sad

Chapter 11 - THE SALE WAS STOPPEDThe asset sale never closed.

Independent trustees activated.

Mom’s voting rights were temporarily held under the protective structure until she fully recovered and underwent capacity assessment.

Not by me.

Not Marcus.

Not Serena.

Professionals.

The conflicted sale was paused.

Independent valuation showed the properties Marcus wanted to sell for $68 million were likely worth $104–118 million after rezoning.

There it was.

The “good deal” was not good.

The buyer included an entity in which Marcus had a hidden carried interest.

Self-dealing.

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The sedation scheme existed partly to force approval of an underpriced related transaction.

That changed the corporate case significantly.

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