Stay tuned: Cobb EMC board election may happen — someday
by Don McKee
MDJ Columnist
December 07, 2009 04:04 PM | 1072 views | 1 1 comments | 11 11 recommendations | email to a friend | print
There’s something fundamentally wrong with this picture: the 2008 election of Cobb EMC board members will not happen until some time next year, if then. It could be two years or more late, depending on what happens in the Georgia Court of Appeals and very likely the Georgia Supreme Court.

But before the 2008 election takes place, co-op members are supposed to meet and vote on the process for electing directors in the future. Then there’s the 2009 election of directors that has to be held once the other two meetings are held.

This travesty would not have occurred except for the self-serving holdover Cobb EMC directors ignoring members and pushing their own agenda by changing the bylaws on how members vote — on the heels of a December 2008 settlement of the lawsuit by a group of members charging breach of fiduciary duty, gross mismanagement, waste of corporate assets and unjust enrichment involving management and operations of the EMC and Cobb Energy. The suing members said the by-law changes were illegal but they lost in superior court and then appealed.

The appeal is taking longer than expected, the MDJ’s Brandon Wilson reported Sunday, with the case expected to be decided by mid-July 2010. Then, regardless of which way the ruling goes, the losing side will appeal, no doubt, meaning a still longer delay of justice for the unrepresented members of Cobb EMC.

Meanwhile, something is happening. The lawyers are still filing briefs.

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EMC Member
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December 08, 2009
Why doesn't the EMC Board Members just resign and save the EMC some money. The lawyers are getting rich off the backs of the EMC members just because of the Board's ego. Suck it up and do the right thing.
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