Shareholders approved the first proposal, Rejected second proposal at the special meeting of Pacific Coast Oil Trust (ROYTL)

Jul 11, 2024

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Key Summary: On October 11, 2022, Shipyard Capital, Cedar Creek Partners, and Walter C. Keenan (11.4%) requested The Bank of New York Mellon Trust Company to file suit against PCEC, threatening to remove the trustee if it refused. On December 12, 2022, they (12.8%) accused the trustee of not representing unitholders and not suing PCEC for improper asses…

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Snowball Research

Shareholders approved the first proposal, Rejected second proposal at the special meeting of Pacific Coast Oil Trust (ROYTL)

This post is for paid subscribers