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Shareholder Gets Right To Inspect Accounting Records (access required)

A shareholder's common law right to inspect a public company's accounting records is not pre-empted by the Business Corporation Act, the Supreme Court held March 12. In the first major ruling on the state's 1990 Business Corporation Act, shareholders came out the big winners, said Greensboro attorney James W. Miles Jr., who represented the plaintiff. 'If the ...

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