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...
To view the full article, register now.




Case Information

Case Title

Busher v. Barry, Jr. et al

Case Number



New York Southern

Nature of Suit

Stockholders Suits


Nelson Stephen Roman

Date Filed

June 16, 2014

Law Firms

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.