Investors In Golf Club's Landlord Seek Docs From Insurer

Law360, New York (November 30, 2016, 9:45 PM EST) -- Shareholders who say their company undervalues the land it leases to the famed Winged Foot Golf Club urged a New York federal court Tuesday to force an insurer to produce documents they say could show the landowner’s directors knowingly stiffed investors.

Shareholder Eugene Busher said in his motion to compel that National Union Fire Insurance Co. missed an extended discovery deadline to turn over documents he says could prove directors from either the five-time U.S. Open golf course or landowner Winged Foot Holding Corp. admitted wrongdoing when...
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