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Cadwalader, Wickersham & Taft LLP

Watch Out for Auto-Delete: Delaware Court of Chancery Sanctions Former Meta Officer for Deleting Personal Emails

Cadwalader, Wickersham & Taft LLP on

In a recent decision, In re Facebook Inc. Derivative Litigation, Vice Chancellor J. Travis Laster of the Delaware Court of Chancery imposed litigation sanctions on a former officer and director of Meta Platforms, Inc....more

Skadden, Arps, Slate, Meagher & Flom LLP

Recent Trends in Books and Records Litigation

Skadden, Arps, Slate, Meagher & Flom LLP on

Recently, the frequency of stockholder demands to inspect corporate books and records pursuant to Section 220 of the Delaware General Corporation Law has increased. In turn, the case law concerning Section 220 demands is...more

Bass, Berry & Sims PLC

Delaware Court Provides Guidance for Books and Records Demands to Limit Producing Electronic Data to Stockholders

Bass, Berry & Sims PLC on

Section 220 of the Delaware General Corporation Law allows stockholders to inspect various books and records of a company upon showing a proper purpose for the request, among other statutory requirements. In this electronic...more

Sheppard Mullin Richter & Hampton LLP

Delaware Courts Address Production of Emails and Other Electronically Stored Information In Response to Section 220 Demands

Sheppard Mullin Richter & Hampton LLP on

UPDATE:  On August 5, 2020, the Delaware Supreme Court summarily affirmed the judgment of the Court of Chancery “on the basis of and for the reasons stated in its January 25, 2019 opinion.” Section 220 of the Delaware...more

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