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White and Williams LLP

Delaware Supreme Court Focuses the Ground Rules for Stockholder Books and Records Inspection Demands

White and Williams LLP on

Section 220 of the Delaware General Corporation Law affords stockholders a right to inspect a corporation’s books and records when the inspection demand comes from an existing stockholder, satisfies the statutory form and...more

Morris James LLP

Court Upholds Stockholder's Share Ownership and Books-and-Records Request

Morris James LLP on

Companies often defend against stockholder requests to inspect books and records by contending that the plaintiff stockholder lacks a proper purpose or that his or her stated purpose is not the real purpose. Less common is a...more

A&O Shearman

Delaware Chancery Court Issues Opinion Offering Rare Interpretation Of Stock Transfer Restriction Provision, Delaware General...

A&O Shearman on

On July 10, 2017, Vice Chancellor Tamika Montgomery-Reeves of the Delaware Court of Chancery found plaintiff was not bound by stock transfer restrictions under which the company had sought to revoke his ownership and was...more

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