Kirsten Zeberkiewicz

Morris James LLP

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Chancery Finds it Lacks Discretion to Decline Jurisdiction Over a Case Where Jurisdiction Exists Under Section 111 of the DGCL

S’holders Rep. Serv. LLC v. DC Capital Partners Fund II, L.P., C.A. No. 2021-0465-KSJM (Del. Ch. Feb. 14, 2022) - While the Court of Chancery has exclusive subject matter jurisdiction over claims and remedies sounding in...more

8/11/2022 / Bylaws , Delaware General Corporation Law , Forum Selection , Jurisdiction , Shareholder Litigation , Shareholders

Chancery Denies Books and Records Inspection Brought to Advance the Stockholder’s Interests as a Creditor

Georgia Notes 18, LLC v. Net Element, Inc., C.A. No. 2021-0246-JRS (Del. Ch. Nov. 18, 2021) - Plaintiff, a stockholder and creditor of the defendant company, demanded to inspect the company’s books and records pursuant to...more

2/3/2022 / Books & Records , Fiduciary Duty , Section 220 Request , Shareholder Litigation

Chancery Addresses Burdens for Valuation-Related Books-and-Records Inspections, While Finding Defendant’s Asserted Lack of Records...

Woods v. Sahara Enterprises, Inc., C.A. No. 2020-0153-JTL (Del. Ch. July 22, 2020) - This decision concerning statutory inspection rights under Section 220 of the Delaware General Corporation Law clarifies the requirements...more

9/1/2020 / Board of Directors , Books & Records , Fiduciary Duty , Section 220 Request , Shareholder Litigation , Shareholders

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