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Las Vegas— According to www.avn.com a shareholders meeting is taking place today in Las Vegas to decided the future of the Private Media Group.

Upper management of Private Media Group and a group of creditors and disgruntled former CEOs of the company will decide the makeup of the next board of directors for the Barcelona-based company.

States AVN: “Unless something unforeseen occurs, the outcome of the vote will likely result in a new board that puts the final nails in the coffin of Berth Milton’s rule at Private.”

Milton was indefinitely suspended from the company in December by Eric Johnson, a receiver appointed by Clark County District Court Judge Elizabeth Gonzalez to run Private while the case she has been overseeing, Consipio v. Private, was under way. On the same day that Johnson suspended Milton, he also terminated Private’s longtime chief financial officer, Johan Gillborg.

Once the new board is approved by the court, a new chief executive can be elected and the receiver dismissed from his duties by the court.