Superior Court for the State of Alaska (2012) Case No. 1PE-09-76 CI
Whether the court has the legal authority to remove KLI Trust Trustees from office.
Whether the court has the legal authority to reform the KLI Trust instruments to provide that KLI Trust Trustees cannot also be members of the KLI Board of Directors.
Whether the court has the legal authority to terminate the General Income Trust (GIT).
Adds precedent that influences how ANCSA corporations, regulators, and shareholders interpret governance rights and remedies.