Pacifica to file for bankruptcy?

Pacifica update: Bill Crosier, the network’s interim executive director (they’ve all been interim for years, since they can’t formally choose a permanent one) has decided to call for a bankruptcy filing, reminding directors who try to obstruct the move they could be personally liable for a breach of fiduciary duty. It wouldn’t surprise me if half the board members don’t know what that means. [Weirdly, Facebook won’t let me post the resolution itself, just Crosier’s email.]   Subject: Bankruptcy motion – It’s time Date: Wed, 27 Dec 2017 21:45:43 -0600 From: Pacifica… Read More