Delaware Court of Chancery Permits Reliance on News Articles and Information Post-Dating Books and Records Demand
By EsqSocial Corporation 02/04/25
On January 29, 2025, in State of Rhode Island Office of the General Treasurer v. Paramount Global (the “Decision”), the Delaware Court of Chancery issued a post-trial opinion, broadening the types of sources a stockholder may rely on to establish a proper purpose in connection with a books and records request under Delaware General Corporation Law Section 220....
By: Cadwalader, Wickersham & Taft LLP