AlexC3 (Florida)
Posts: 11
Posts: 11
Posted:
Board A consisting of 5 directors submitted a petition for arbitration in the recall of 2 Directors. Four Directors came to the end of their term and there is now a new BOD. One of the Directors was named in the recall petition, the other four are newly elected. Can the BOD withdraw the arbitration petition thus certifying the recall and removing the one director OR must the same people who submitted the petition for arbitration be the ones to withdraw the petition?
A
A