Bally Must Turn Over Board Minutes To Investor

Law360, New York (December 7, 2005, 12:00 AM EST) -- An investment group seeking to oust the chief executive of Bally Total Fitness Holding Corp. has won an important victory after a state court ordered the fitness center operator to turn over sensitive documents to the group.

Liberation Investments LP, which has a 10.9% stake in the company, filed the suit in the Court of Chancery of the State of Delaware in September, seeking to force a shareholder meeting so it could propose its sweeping stockholder proposal.

The proposal would end the brief reign of CEO...
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