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Home / News Stories / Shareholder's Right To Sue Governed By 5-Year Statute (access required)

Shareholder's Right To Sue Governed By 5-Year Statute (access required)

A shareholder's loss of the right to dissent to a corporation's sale of its assets is an injury to property, the Supreme Court of Virginia has held in a case of first impression. As a result of the holding, the shareholder's suit against the defendant corporation is governed by a five-year statute of limitations. The disgruntled ...

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