Case Title: In re Petition to Approve Merger (Per Curiam)

Citation: 2013 Ark. 207

Docket Number: 13-370

State: arkansas

Court: Arkansas Supreme Court

Date: 2013-05-16T00:00:00Z

Document:
Cite as 2013 Ark. 207 SUPREME COURT OF ARKANSAS No. 13-370 IN RE PETITION TO MERGE ARKANSAS ACCESS TO JUSTICE FOUNDATION, INC., AND THE ARKANSAS IOLTA FOUNDATION, INC. Opinion Delivered May 16, 2013 PER CURIAM The Arkansas IOLTA Foundation, Inc., and the Arkansas Access to Justice Foundation, Inc., by and through their respective Boards of Directors, filed a “Petition To Approve the Agreement and Plan of Merger; To Amend Rule 1.15 of the Arkansas Rules of Professional Conduct; and To Amend Section 28 of the Procedures Regulating Professional Conduct.” The petition filed on April 30, 2013, is now before the court. As more fully set out in the petition, the petitioners have reviewed the operations of their entities, and to enhance their common mission to provide legal services to low-income Arkansans, the Boards have concluded that the two entities should merge. Arkansas IOLTA Foundation, Inc., shall be the surviving corporation, and it shall be renamed “Arkansas Access to Justice Foundation, Inc.” Petitioners request that the supreme court approve the Agreement and Plan of Merger, which is attached to the petition as Exhibit 1. The petition and proposed agreement are attached to this per curiam order for comment from the bench, the bar, and the public. Comments should be made in writing before June 30, 2013, and addressed to: Les Steen, Cite as 2013 Ark. 207 Clerk of the Supreme Court, Attention: IOLTA, Justice Building, 625 Marshall St., Little Rock, AR 72201. 2