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PIERNO, as Commissioner of Corporations, Defendant and Respondent; FRED H. The Ranch Company is a closely held, family-owned corporation with 68,400 shares of capital stock outstanding.

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BIXBY RANCH COMPANY, Real Party in Interest and Respondent; ROBERT BIXBY GREEN, Intervener and Appellant. J., with Peters, Mosk and Sullivan, JJ., concurring. de Goede, Deputy Attorney General, for Defendant and Respondent. Almost all of this stock is owned or held in trust for the children, grandchildren and great-grandchildren of the corporation's founder, Fred H. Although no single shareholder owns a majority of the stock, Preston B. Leo: Also with us, running for Congress in the Massachusetts eighth district, right Brianna Wu? He's a game developer, and I did not know this, but in a former life, an investigative reporter. Brianna: I completely agree with that, although I think it's a very tricky legal question to solve. If you look at standards like H264, that standard is decided by some engineers on a board that look at it and make decisions. Some terms and conditions apply and you can read about them. Download PDF When "Liquidating Trust" is mentioned, most people associate this with bankruptcy.In a bankruptcy, a liquidating trust may be formed whereby certain assets are placed in a trust for the benefit of creditors who may have certain claims against those assets.A liquidating trust may also be an effective method for a fund manager to wind down a fund without having a significant role in the liquidation.