via Stockwatch - Skeena Files Lawsuit Against Shareholder

"The statements by Eilat come in response to a lawsuit that Skeena filed at the Vancouver courthouse on Feb. 17, 2015. The suit appeared to be somewhat mundane, stemming from a share transaction Eilat made with a European bank. Skeena said that Eilat, which received 64 million of the company's shares in a property deal, had violated the terms of an agreement that restricted the stock. The agreement essentially required that Skeena's chairman, Ron Netolitzky, hold the stock and vote it on behalf of Eilat for a period of time. In violation of that agreement, Eilat pledged 6.4 million shares to a European bank, Skeena claimed. The lawsuit sought an injunction that would require Eilat to deliver the shares to Mr. Netolitzky."

Who would sign a 'deal' like that in their right mind? Who, in their right mind, would sue their own shareholders?

http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aSKE-2259045&symbol=SKE&region=C