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Books & Records Financial Records

Hendershot Cowart P.C.

Shareholder Access to Books & Records in Texas – What Are My Rights?

Hendershot Cowart P.C. on

Under Texas law, a member of a limited liability company (LLC) or a qualifying shareholder of a corporation has the right to examine the company’s books and records, so long as there is a proper purpose. This right is...more

Farrell Fritz, P.C.

Equitable Accounting vs. Access to Books and Records: Don’t Confuse Them

Farrell Fritz, P.C. on

Raise your hand if you think that a lawsuit for an accounting by the managers of an LLC simply means they have to turn over financial records. ...more

Patterson Belknap Webb & Tyler LLP

Commercial Division Rules that U.S. Treasury Secretary’s Access to a Company’s Detailed Financial Information in His Role as a...

Members of a company’s board who are also investors in the company often have access to detailed information about the company’s finances and its lending facilities. But what happens when an investor-board member could,...more

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