In an estate and shareholder dispute between siblings, the plaintiff sought broad production, estate accounting relief, and an order restraining the individual defendants from removing money or assets from a closely held corporation.
The court held that most of the requested estate and corporate relief rested on suspicion and unsupported allegations rather than an evidentiary foundation, particularly given the plaintiff's long acquiescence in the estate administration and corporate management.
Applying the significant concern threshold for a passing of accounts and the RJR-Macdonald framework for injunctive relief, the court refused the requested statement of assets, passing of accounts, broader financial disclosure, and restraint order.
The motion was granted only to the limited extent of requiring production of the corporation's tax returns for 2018 through 2024.
