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In the decision of James Rivest v. Hauppauge Digital, Inc., No. 442, 2022 , the Delaware Supreme Court considered the extent to which a Delaware corporation s production of books and records under. ....
In the decision of James Rivest v. Hauppauge Digital, Inc., No. 442, 2022 (Del. July 10, 2023), the Delaware Supreme Court considered the extent to which a Delaware corporation's production of books and records. ....
To embed, copy and paste the code into your website or blog: Last week, the Delaware Supreme Court issued an important decision effectively broadening the scope of stockholder pre-litigation inspection rights. In January 2020, the Court of Chancery held in Lebanon County Employees’ Retirement Fund v. AmerisourceBergen Corp. that demanding stockholders had established a proper purpose under Section 220 of the Delaware GCL to inspect AmerisourceBergen’s books and records and ordered, sua sponte, a 30(b)(6) deposition to enable the plaintiffs to identify the types and custodians of documents to which they may be entitled. [1] Vice Chancellor Laster’s decision is covered at length in a prior alert. ....