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Foreign Corrupt Practices Act (FCPA) Inspection Rights

Morris James LLP

Stating Proper Purpose Doesn’t Guarantee Books-and-Records Entitlement

Morris James LLP on

It is well settled that stockholders of Delaware companies generally have the right to inspect the company's books and records upon the showing of a proper purpose. However, as demonstrated in the Court of Chancery's decision...more

Katten Muchin Rosenman LLP

Delaware Chancery Court Addresses Proper Purpose for Inspection Demand

The Delaware Court of Chancery recently held that a shareholder was not entitled to inspect records concerning alleged violations of the Foreign Corrupt Practices Act (FCPA) because the shareholder was barred from pursuing...more

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