Laws, especially corporate laws, are written (by congress) or interpreted (by courts) in such a convoluted way that they regularly defy common sense. The hypoth

Laws, especially corporate laws, are written (by congress) or interpreted (by courts) in such a convoluted way that they regularly defy common sense. The hypothetical scenario described by the author is in no way weirder than this very real scenario: https://www.bloomberg.com/view/articles/2015-07-14/banks-forgot-who-was-supposed-to-own-dell-shares https://www.bloomberg.com/view/articles/2015-07-14/banks-for... Considering the court's decision in the latter, I wouldn't be the least surprised if they act as the author imagines in the former.