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Subtle lighting elements and coordinated lighting scenarios create a pleasant atmosphere in the vehicle's interior and emphasize the design of the roof. DONMAR offers a Nor is it reasonable to condition Kortm's inspection upon an undertaking not to disclose to WAG any information gleaned from the document inspection. Heating and Cooling Solutions - Webasto Thermo & Comfort DONMAR Sunroof Products So long as the statutory requirements for inspection relief are satisfied, the mere pendency of another proceeding does not disqualify a party involved in the other lawsuit from inspecting the corporation's books and records.29 Nor does the possibility that the Section 273 action may result in a public auction disqualify that party. Has anybody heard different? FUNSPORT Funsport 1530. In addition, polycarbonate is impact-resistant and possesses an outstanding three-dimensional formability. At Webasto, innovation and tradition meet the highest quality standards. Complete glass-to-frame debonding can develop gradually and may be evidenced by metal corrosion around the sunroof frame, wind noise, vibration, visual bond separation and/or water leakage. Two full-featured electronic packages to position the glass in any desired configuration. Further information on this can be found under Innovative Materials. But even if that conclusion is erroneous, any defect was cured by Kortm's trial testimony. Low profile WEBASTO HOLLANDIA 700 SERIES SUNROOF MOTOR 33S70R0013 TESTED FREE SHIPPING! Webasto has been developing and producing sunroofs for the automotive industry for more than 60 years. Many of the arguments that WSI contends defeat WAG's entitlement to inspection are also asserted as grounds for limiting or conditioning the scope of the inspection. Send us a message via our contact form and we will get in touch with you. Tudor Webasto Sunroofs R&S Coachbuilts have ceased trading and we are pleased to announce that The Trimming Centre is now the sole distributor of Tudor Webasto coachbuilt sunroofs worldwide. to Products page] at 28 (Feb. 17, 1998); see also Ostrow at 30-31. 21. The protective function of Webastos ProTec Glass enables the use of very thin (less than 3 millimeters) glass, making the panes lighter than other counterparts. Contact - Webasto Features a full size composite frame electric sunroof packed with features including . If you have any questions about existing roof systems in your vehicle, please contact your dealer. For the reasons next discussed, I conclude that WAG's demand was under oath within the meaning of the statute, and that its stated valuation purpose is, in fact, its true purpose. dark tinted solar glass, lighted switch and full wrap interior. Events Leading to the Demand for Inspection. Second, WSI fails to explain why other bidders would be dissuaded if WAG has prior access to those secrets, but would not be if Magna, also a potential bidder, has the same access.30. Webasto is an international brand, bringing you the highest quality in sunroofs. Ideal for compact cars and vehicles with shorter rooflines Event 450QF is Ch., 525 A.2d 160, 168 (1987); Thomas & Betts Corp. v. Leviton Mfg. basic model, without the shade or electronic control. See more Aftermarket Webasto Solaire Model 4300 Sunroof - eBay Money Back Guarantee - opens in a new window or tab. We use cookies to ensure that we give you the best experience on our website. Please note that we do not offer retrofit roof systems for end customers. Size 16x30. As the global market leader for parking heaters, roof and convertible roof systems, Webasto is among the 100 largest suppliers to the automotive industry worldwide and employs more than 12,000 people. These contentions present three issues relating to WAG's inspection rights as a shareholder: (1)Did WAG submit a demand under oath as required by the statute? Package arrived before estimated date without any damages or scratches. I am waiting delivery for my 2011 CC R Line. The agents Kortm anticipates using include lawyers, accountants, members of WAG's finance staff, and Horst Winter, who is a director of WSI. Optional removable panel Accordingly, the only issue presented with respect to Kortm's claimed directorial inspection right is whether any or all of the conditions that Magna seeks to impose are reasonable.13 I conclude, for the reasons discussed in Part III, infra, that with one exception, they are not. In its demand letter, WAG stated that its purpose for seeking inspection was to determine the value of its shareholding interest in WSI. It is well established that the purpose of valuing one's shares in the corporation is proper under 220.21 In these circumstances the genuineness of that purpose appears self-evident. is a Maker Unknown Date 4/23/1981. Until 1998 the two co-venturers' relationship was more or less harmonious. Two issues are presented. Has anybody heard different? Entry/Comfort H300 DONMAR Enterpries, Inc. WEBASTO SOLAIRE HOLLANDIA 300 INALFA EVENT SKYROOF LSS As an expert in convertible roof systems, Webasto offers the world's widest variety of convertible tops for this special driving experience - whether retractable hardtop, softtop or hybrid top for exclusive small series or volume models. 1997-2022 All Rights WEBASTO SOLAIRE 5300 AFTERMARKET PRE-OWNED SUNROOF GLASS PANEL S1598V5000AA; 1597WA0100AB. Magna (through WSI) does not deny that these events occurred, but contends that WAG's claimed need for more information was and is pretextual. Solaire 3200 (Sport Spoiler) is 31. WAG and Magna each owns 50% of the equity of WSI, and each stockholder designates three of WSI's six directors. at 28 (Apr. Event 300QF is I find that WAG's interest in valuing its WSI shares based on accurate information is both genuine and substantial: WAG's investment in WSI represents 20% of its revenues and 25% of its profits. full size electric sunroof with a generous 10.5 inch opening. 13. FindLaw.com Free, trusted legal information for consumers and legal professionals, SuperLawyers.com Directory of U.S. attorneys with the exclusive Super Lawyers rating, Abogado.com The #1 Spanish-language legal website for consumers, LawInfo.com Nationwide attorney directory and legal consumer resources. Because the Court has already determined that Kortm is entitled to inspect the universe of books and records described in the demand and should not be restricted from disclosing those documents (or resulting information) to WAG, that determination obviates the need to determine whether the documents to be inspected are essential and sufficient to achieve WAG's purpose. Event Series Electric Sunroofs inventory available. and. In the latter case, there often is no identifiable corporate interest separate and apart from the interests of the two stockholders or if there is, the interest of the corporation in protecting itself from unwarranted intrusion is considerably diminished. As this Court stated in Helmsman Management Services, Inc. v. A & S Consultants, Inc.:26. JavaScript is disabled. composite frame with tight radius corners and curved leading edge, Venus glass, When you purchase through links on our site, we may earn an affiliate commission, which supports our community. The build-up of competence in glass production opens up many new possibilities for us, for example in the areas of switchable glazing, ambient lighting or solar roofs. WSI is a joint venture formed under a shareholders agreement dated May 1, 1984 (the Shareholders Agreement) between plaintiff Webasto AG Fahrzeugtechnik (WAG) and a subsidiary of Magna International, Inc. (Magna).2 WSI employs approximately 900 people and in 1998 it had net sales of approximately $201 million. ; and (9) any tax balance sheets, tax returns and tax assessments for the last three years and latest WSI tax auditors reports. Webasto offers high quality sunroofs systems for boats and yachts to both OEMs and customers looking for retrofit options. For that reason, in cases such as this, there should be a rebuttable presumption that the 50% shareholder's purpose for seeking inspection is valid. One of WAG's director-designees is plaintiff Franz-Joseph Kortm (Kortm), who is WAG's Chief Executive Officer. Tudor Webasto Sunroofs R&S Coachbuilts have ceased trading and we are pleased to announce that The Trimming Centre is now the sole distributor of Tudor Webasto coachbuilt sunroofs worldwide. International Sunroofs BV (formerly Inalfa Sunroofs) is located in Amsterdam, The Netherlands. II. big. Op. WPNA is leading this voluntary safety recall to ensure that proper measures are taken to fix the issue. As for the remaining arguments I conclude that for the same reasons they do not defeat WAG's entitlement to inspection, those arguments also should not operate to limit or restrict the scope of WAG's inspection. WEBASTO - Used Sunroofs At FindLaw.com, we pride ourselves on being the number one source of free legal information and resources on the web. See e.g., E.L. Bruce Co. v. State ex. 12839, 1998 WL 83052, Steele, V.C., Mem. International Sunroofs | Aftermarket Automotive Sunroof products worldwide WSI (Magna) concedes that [t]hrough its designees on the board, WAG participates in decision making regarding the operation, strategy and financial condition of WSI. Def. Learn more about FindLaws newsletters, including our terms of use and privacy policy. WSI (Magna) contends, however, that WAG's stated purpose in seeking inspection is not its true purpose because there is no imminent opportunity for WAG to exit its investment.25 But the facts that no specific offer to purchase or sell is pending at this moment and that WAG has not yet decided whether (or not) to purchase or sell, do not-alone and without more-defeat the factual bona fides of its valuation purpose. AFTERMARKET WEBASTO SOLAIRE MODEL 4300 SUNROOF GLASS PANEL FREE SHIPPING! In rare instances, conditions existing with the adhesive bond between the glass and metal frame in these affected Hollandia 700/600 and Hollandia TVS 900 series aftermarket (non-factory installed) sunroofs can increase the risk that the sunroof glass may completely debond from its frame. A very economical manual or electrical sliding rooffor Webasto 40 Inch Marine Sunroof. SKYROOF LS Search - Sunroof specific documents - Webasto roller shade, neutral color quick-fit trim bezel,lighted at 2, 21-22. Webasto ProTec Glass is a safety glazing made of glass and plastic. As earlier noted, WSI (Magna) opposes WAG's inspection claim on the grounds that (i) the demand was not under oath as the statute requires; (ii) WAG has not shown that its stated purpose is, in fact, its true purpose; (iii) WAG has not demonstrated that the broad categories of documents WAG seeks to inspect are essential and sufficient to its purpose; and (iv) if inspection is allowed, its scope should be limited to protect WSI against competitive harm threatened by WAG. H321L is the ** DISCONTINUED 2013 **. eeaadd. Ch., C.A. The Shareholders Agreement governs the relationship between the two stockholders. Determining If You're Affected: The most recognizable components of the sunroofs affected are the switches and presence of a Webasto logo on the sunshade handle. That evidence concerns activities that were not the subject of any protest by or dispute with Magna, until WAG filed the Section 273 dissolution action.