exitmusic

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Everything posted by exitmusic

  1. Did someone say they were? Here is the current CDC guidance: "More cases of COVID-19 are likely to be identified in the United States in the coming days, including more instances of community spread. It’s likely that at some point, widespread transmission of COVID-19 in the United States will occur. Widespread transmission of COVID-19 would translate into large numbers of people needing medical care at the same time. Schools, childcare centers, and workplaces, may experience more absenteeism. Mass gatherings may be sparsely attended or postponed. Public health and healthcare systems may become overloaded, with elevated rates of hospitalizations and deaths. Other critical infrastructure, such as law enforcement, emergency medical services, and sectors of the transportation industry may also be affected. Healthcare providers and hospitals may be overwhelmed. At this time, there is no vaccine to protect against COVID-19 and no medications approved to treat it. Nonpharmaceutical interventions would be the most important response strategy." How can anyone read that and think that it is not generally a good idea to stay home? I am not saying that people need to barricade themselves at home, but IN GENERAL, you have a much smaller chance of catching this thing in public than you do at home. That's all. I don't know why people are getting bent out of shape about this. https://www.cdc.gov/coronavirus/2019-nCoV/summary.html
  2. I am capable of reading materials published by actual experts. It is not in any way controversial to say that staying home is the best course of action, because it is. I realize that people will not stay home -- I myself am currently at my office, for instance -- but that's a choice.
  3. GH publishing a book would be just the dumbest thing he could do. Which means, of course, that he will do it and open himself up to all kinds of civil charges because he's a narcissist who can't keep his stupid mouth shut and I know he's reading this and smoke is coming out of his ears because he can't respond or his lawyers will withdraw.
  4. Statistically, absolutely you should stay home. This disease is going to spread logarithmically and every human interaction is a potential transmission. Obviously it is not practical for everyone just to stay home, but it is absolutely advisable not to go to gatherings of people.
  5. aaaaaaand that's the attitude that's gonna get more elderly people killed. Everybody wash your #### hands and don't breathe on each other.
  6. My guess based on NO INFORMATION: he pleads to several misdemeanors, registers as a sex offender, gets a bunch of community service and several years of probation, and stays out of prison.
  7. No. We don't generally allow verdict appeals anyway. When you hear about an appeal from a jury trial, it's basically the convicted arguing that, "But for the way the judge ruled on [some motion], I would not have been convicted," or "Here's a bunch of new evidence that was not available at the time of the jury trial." Plea deals generally also require the convicted to agree not to appeal.
  8. Again -- who taught you corporate law?! A corporation literally cannot exist without having a board of directors in place. It's a legal impossibility. If a corporation has no board, there is literally no corporation. The way you start a corporation -- and we know now that they have not -- is to file the Articles of Incorporation with the relevant state Secretary of State. In those Articles, you are required to name the initial board of directors. There is no way around this. What we have here is a loosely associated group of people with a "plan" that they won't share, who seem to be repeating past mistakes.
  9. Denise Bonfiglio literally said last night that they were not.
  10. They decidedly did not raise a ton of money last year. They didn't even have the money to buy horns this year. A generous person bought the horns from Yamaha and is lending them to the corps for the summer.
  11. but why wasn't the board already in place?! that alone makes me think this is a bit of a banana republic. one of the main criticisms that haunted GH was that the board worked for him (and enabled him), rather than the correct way around. if you're gonna start fresh, DO IT RIGHT, and we have not done that.
  12. Recap: Introduce the leadership team - Denise, Justin, Brad, Ron March 31 transition to a new organization 501 c 3 not yet handled but definitely will by March 31 "Most" copyrights to show music have been obtained Guard is 50% contracted Percussion full Brass "down to single-digit holes" Brass knows 33% of the show Things are "going great" WRT the corps and the show Spring training site TBD "95%" of sponsors are "the same;" Denise "can't disclose" the few changes New board TBA March 31 No new fundraising initiatives; same stuff: M&G, Power the Cadets; March-a-thon forms Commentary: What are they doing? In any organization the BOARD is first and the BOARD hires the management team, not the other way around! The managers work FOR THE BOARD. The COO has a "consulting company" that "supports non-profits." Uh.... what? No spring training site?! IT'S LESS THAN 90 DAYS AWAY! I feel exactly zero confidence in donating to this organization which hasn't provided any clear answers about whether it is a non-profit charity or not ####
  13. He is the "Chairman" of the new board of The Cadets.
  14. Because Greg Pych shouldn’t be in charge of anything, even an ice cream stand in July. What a joke.
  15. Do not confuse reorganization (aka bankruptcy) with successor liability, where a creditor sues on a contract.
  16. I have to say... as an alum, the presentation that was made this weekend and live streamed on facebook left me incredibly... disappointed? I feel more pessimistic now about our chances of making it than I did before I saw the video.
  17. You're looking at this the wrong way. YEA ran up some huge bus bills for The Cadets over the past few years. YEA also borrowed a bunch of money from banks over the past few years. Spinning the Cadets out as its own entity does not absolve the new Cadets entity of its liability to pay those debts, to the extent that the new Cadets entity is a "successor" of YEA, which under the law it certainly is. You don't just get to abandon debt by moving a business unit out the back door. If that worked, the law of obligations would not exist.
  18. Not true. A distressed entity doesn't get to just shed assets without paying the debts. The legal concept of successor liability is often applied by courts to the receiving entity where the transfer was effectuated for the purpose of avoiding obligations. In this case, it is likely that YEA can't just jettison The Cadets without The Cadets absorbing any liability, such as old bus bills, etc. And YES, GH absolutely could be so stupid.
  19. There's no such thing as state bankruptcy court. It's 100% federal. There is certainly a bankruptcy court within the state of Pennsylvania, but it's a United States court. Voidable transfers (transfers made for the purpose of avoiding being included in the bankruptcy estate) are a very real fear in a transaction like this. The bankruptcy trustee has broad power to claw back transfers that demonstrate "badges of fraud". I hope that YEA has competent legal counsel. Last time I heard, they had no counsel, so that could be an issue.
  20. https://artsandarchitecture.psu.edu/news/music-ed-grad-student-wins-teaching-award