Dean
DIS Veteran<br><a href="http://www.wdwinfo.com/dis
- Joined
- Aug 19, 1999
- Messages
- 39,228
I think we can be 100% confident that they’ve weighed in on reallocations a number of times over the years and 100% confident they did so before reallocating either across units types or for the changes within lockoff’s and we’re again involved in the reset. And to be honest, just because the POS says one thing doesn’t automatically mean that a judge would go that way. We’ve seen far too much activism in that area over the last number of years plus there are other considerations than just the POS if something goes to court.The chances that no in-house counsel weighed in on the SSR reallocation seem....low. I mean, maybe? But this is a company that owns its own local government and wrote the legislation that enabled it out of whole cloth, within a corporate culture that is notoriously risk-averse.
Again: just because legal thinks something is okay doesn't make it okay, but they are probably not shooting from the hip. Mistakes and missing a sentence here or there? Sure. Big mistakes? Yes. But they are the exceptions, not the rule.