CHARGE THAT LEBOW SIPHONED CAPITAL FROM SUBSIDIARY TO PARENT MAY PROCEED In re New Valley Corp. Derivative Litig. | Secondary Sources | Westlaw

CHARGE THAT LEBOW SIPHONED CAPITAL FROM SUBSIDIARY TO PARENT MAY PROCEED In re New Valley Corp. Derivative Litig. | Secondary Sources | Westlaw

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CHARGE THAT LEBOW SIPHONED CAPITAL FROM SUBSIDIARY TO PARENT MAY PROCEED In re New Valley Corp. Derivative Litig.

16 No. 10 ANCODLLR 9Andrews Corporate Officers and Directors Liability Litigation Reporter (Approx. 3 pages)

CHARGE THAT LEBOW SIPHONED CAPITAL FROM SUBSIDIARY TO PARENT MAY PROCEED In re New Valley Corp. Derivative Litig.

16 No. 10 ANCODLLR 9Andrews Corporate Officers and Directors Liability Litigation Reporter (Approx. 3 pages)

16 No. 10 Andrews Corp. Off. & Directors Liab. Litig. Rep. 9
Andrews Corporate Officers and Directors Liability Litigation Reporter
February 26, 2001
Breach of Duty
Copyright (c) 2001 Andrews Publications

CHARGE THAT LEBOW SIPHONED CAPITAL FROM SUBSIDIARY TO PARENT MAY PROCEED

In re New Valley Corp. Derivative Litig.

A Delaware state court judge has allowed shareholders to proceed with their charges that financier Bennet LeBow and other directors of New Valley Corp. breached their duties by approving what allegedly amounted to a transfusion of capital from New...
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