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Why not just put the $18 million in escrow and save what is still a significant insurance premium?
Following the release of the shares from escrow , the remaining balance of 948,733 shares will remain in escrow until March 16, 2008, at which time those shares will be also released from escrow.
an escrow account
In August, Sanderson claims, the funds somehow vanished as they moved from the escrow account to the payoff department.
So, if you escrow your tax payment, request that duplicate copies of the bill be sent to you by the tax collector and check to make sure the bill is paid.
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