Delaware court restricts inspection rights of hostile 29% minority stockholder

Business Valuation UpdateVol. 2 No. 2
Legal and Court Case Update
February 1996

Access the Full Article

This article is available with a subscription to any of these products:
Already a subscriber?  Login
This article is also available for purchase. (1,059 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
3643 Current-Carrying Wiring Devices
335931 Current-Carrying Wiring Device Manufacturing
minority interest, control
Thomas & Betts Corporation v. Leviton Manufacturing Co.
685 A2d. 702
December 19, 1995
US
State Court
Delaware
Court of Chancery
Jacobs

Summary

Leviton was and is a privately held electronics manufacturer whose CEO, Harold Leviton, together with his wife holds 76.45% of Leviton Class A (voting) stock in a voting trust of which he is ...

See Also

Thomas & Betts Corporation v. Leviton Manufacturing Co.

Full Text of Court Cases
December 19, 1995

At issue is the plaintiff's interest in inspecting the books and records and stockholder list of the defendant company of which he has a 29% interest.