United States Fourth Circuit

In a terminated employee's action as a shareholder of his former employer: 1) claim for enforcement of shareholder rights was released through a valid settlement agreement; 2) requested documents were reasonably necessary to make an independent assessment of stock value; and, 3) validity and enforceability of acceleration clause at issue must be determined under Michigan law.

Appellate Information

• Argued 05/08/2002
• Decided 06/06/2002
• Published 06/06/2002

Judges

• Before WILKINSON, Chief Judge, and WILKINS and LUTTIG, Circuit Judges.

Court

• United States Fourth Circuit

Counsel

• For Appellees:
  
• ARGUED:  James A. Dunbar, Venable, Baetjer & Howard, L.L.P., Towson, Maryland, for Appellant.  Robert Michael Jackson, Honigman, Miller, Schwartz & Cohn, L.L.P., Detroit, Michigan, for Appellees.   ON BRIEF:  Kathleen E. Wherthey, Venable, Baetjer & Howard, L.L.P., Rockville, Maryland, for Appellant.  Robert J. Muchnick, Honigman, Miller, Schwartz & Cohn, L.L.P., Detroit, Michigan;  Abbey G. Hairston, Seyfarth Shaw, Baltimore, Maryland, for Appellees.