Delaware Supreme Court Holds That Stockholders Need Ordinarily Only Identify a ‘Credible Basis’ for Possible Wrongdoing, Not ‘Actionable Misconduct,’ to Establish a ‘Proper Purpose’ for a Section 220 Books and Records Demand
By EsqSocial Corporation 17/12/20
Last week, the Delaware Supreme Court issued an important decision effectively broadening the scope of stockholder pre-litigation inspection rights....
By: Kramer Levin Naftalis & Frankel LLP