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Home / Opinion Digests / Business Law / Email Satisfies ‘Written Demand’ to Corporation (access required)

Email Satisfies ‘Written Demand’ to Corporation (access required)

An email sent by an executor of the es­tate of the 70-percent owner of a Virginia Beach mini-golf course to the 30-percent owner and president proposing a resolu­tion of their dispute satisfied the stat­utory requirements for a valid written demand prior to initiating a shareholder derivative suit under Va. Code § 13.1- 672.1(B), says a ...

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