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The settlement agreement among various parties in the Utility Consumers' Action Network dispute, which should be filed with Superior Court today (May 31) or tomorrow, mandates that four of five current board members should be replaced after six months if the court approves "contingent upon there being suitable replacements," according to the document. The board itself could take such action sooner, says the settlement agreement.
As previously reported, UCAN will continue under new management, and the February attempt to dissolve the watchdog operation will be dropped. Co-founder and chief executive Michael Shames will resign, but continue to work on the current San Diego Gas & Electric rate case.
Privacy Rights Clearinghouse will be separated from UCAN. Peter Navarro's Death by China moviemaking operation will get the $400,000 it is owed in two payments. Many of these actions have already taken place.
The settlement agreement among various parties in the Utility Consumers' Action Network dispute, which should be filed with Superior Court today (May 31) or tomorrow, mandates that four of five current board members should be replaced after six months if the court approves "contingent upon there being suitable replacements," according to the document. The board itself could take such action sooner, says the settlement agreement.
As previously reported, UCAN will continue under new management, and the February attempt to dissolve the watchdog operation will be dropped. Co-founder and chief executive Michael Shames will resign, but continue to work on the current San Diego Gas & Electric rate case.
Privacy Rights Clearinghouse will be separated from UCAN. Peter Navarro's Death by China moviemaking operation will get the $400,000 it is owed in two payments. Many of these actions have already taken place.