If you search the Utah Department of Commerce Business Entity Search for "Angel Partners" (no quotes; or search by Entity: 3104492-0140), you will find that Ralph Yarro renewed the registration for Angel Partners, Inc., with himself as the Registered Agent and only Principal, on December 17, 2004. That is the day he was fired from Canopy. You will also note that the original registration date was February 2, 2000, which would imply that no renewal would be required until February. And in fact, it lists the "Delinquent Date" as February 2, 2006. Here's the status info:
Status:
Active
Status Description:
Good Standing
This Status Date:
02/02/2000
Last Renewed:
12/17/2004
License Type:
Corporation - Domestic - Non-Profit
Delinquent Date:
02/02/2006 This would mean that any communications regarding Angel Partners would have to go to him. If you pay, chrisbrown informs us, you get the names of the other principals on record: President and Registered Agent, Ralph Yarro;
Secretary,
Brent Christensen;
Trustees, Clinton R. Gurney, Ralph Yarro, Terry Peterson.
stats_for-all helpfully reminds us that Terry Peterson is specifically named as the Noorda financial advisor that
Yarro et al allege in their complaint [PDF] influenced Val Noorda Kreidel and Leweena Noorda to move against Yarro. Mr. Peterson is, in fact, one of the named defendantts in that action, and the allegations Yarro, Mott and Christensen list regarding Mr. Peterson can be found beginning on page 20 of the complaint.
As we learned in the Canopy complaint against Mr. Yarro, Angel Partners is one of two nonprofits that are the principal beneficiaries of the Noorda Family Trust, and it would immediately receive all of the Noorda Family Trust's shares in Canopy Group on the death of Mr. and Mrs. Ray Noorda.
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