Corporate Records Must Be Disclosed to Minority Shareholder Seeking to Value His Interest

Business Valuation Update BVLaw
Legal and Court Case Update
April 20, 2004
Micheal G. Padgett v. Westport Precision, Inc.
No. AC 23304(Conn. App. 2004)
US
State Court
Connecticut
Court of Appeals
Jonathan D. Elliott, Paul L. McCullough, Sabato P. Fiano
Flynn

Summary

The Connecticut Court of Appeals affirmed the lower court’s decision granting a minority shareholder access to corporate records for the purposes of determining the value of closely held stock. In reaching this decision, the court ruled that the valuation ...

See Also

Micheal G. Padgett v. Westport Precision, Inc.

The Connecticut Court of Appeals affirmed the lower court’s decision granting a minority shareholder access to corporate records for the purposes of determining the value of closely held stock. In reaching this decision, the court ruled that the valuation ...