Legal Opinion

Friedman v. Altoona Pipe & Steel Supply Co.

Court of Appeals for the Third Circuit

Decided May 2, 1972No. Nos. 71-1434 to 71-1437PublishedCited by 3 opinions

1Opinion of the Court

OPINION OF THE COURT

SEITZ, Chief Judge.

Essentially, this is an example of a not uncommon dispute between an “out” stockholder and an “in” stockholder of a closely held corporation. It manifests itself in two actions in the district court by the “out” stockholder. She seeks to compel an inspection of the corporate records under 15 P.S. § 1308, subd. B (1968), (Penna.), which provides:

“B. Every shareholder shall, upon written demand under oath stating the purpose thereof, have a right to examine in person or by agent or attorney, during the usual hours for business for any proper purpose, the…

2Cited by3 opinions

  1. Arlene A. Friedman v. Altoona Pipe and Steel Supply Company, Inc., a Corporation, in No. 71-1434, and Fred A. Pechter. Appeal of Fred A. Pechter, in No. 71-1435. Arlene A. Friedman v. Alpen Associates, Inc., a Corporation, in No. 71-1436, and Fred A. Pechter. Appeal of Fred A. Pechter, in No. 71-1437Court of Appeals for the Third Circuit · 1972
  2. Ackerman, E. v. Kasual Computing, Inc.Superior Court of Pennsylvania · 2016
  3. McGuire v. Lord Corp.North Carolina Business Court · 2021

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API