That is a very good question. In fact, documentation is not everything. We cannot say that the corporation was unaware of the problems or that management did not do any follow-up or take minutes for the board of directors. Rather it did not take the time to properly document the key decisions and actions it had to take. Once again, this means that corporate memory could be jeopardized in future.
On May 2nd, 2013. See this statement in context.