An attempt by AirTran to use a provision of New York law to force an airline it is trying to buy to produce its shareholder records has been rebuffed by New York Supreme Court Justice Helen E. Freedman. AirTran argued that Wisconsin-based Midwest Air Group was directly doing business in New York through its subsidiary Midwest Airlines, and therefore the state's Business Corporation Law should apply. Freedman rejected this argument, holding that Midwest does not conduct business in New York under �1315.
February 26, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
An attempt by discount airline AirTran to use a provision of New York’s Business Corporation Law to force a rival airline it is trying to buy to produce its shareholder records has been rebuffed by a New York Supreme Court judge.
AirTran argued that Wisconsin-based Midwest Air Group was directly doing business in New York through its principal subsidiary Midwest Airlines, and therefore that the state’s Business Corporation Law (BCL) should apply.
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