In the recent decision of Hoeller v. Tempur Sealy Int’l Inc., C.A. No. 2018-0336-JRS (Del. Ch. Feb. 12, 2019), the Court of Chancery adjudicated a books and records dispute
Continue Reading Section 220 Books and Records Demand Denied by Court of Chancery
credible basis
Books and Records Claim Denied for Alleged Wrongdoing When Defense Existed
By Fox Rothschild LLP on
As discussed in prior posts, in order to prevail in a books and records inspection action, the petitioning party must demonstrate a “proper purpose” for making such demand. Moreover, when…
Continue Reading Books and Records Claim Denied for Alleged Wrongdoing When Defense Existed