Delaware Business Litigation Report

Court Of Chancery Limits Records Inspection In Valuation Case

In Re: New Media Books And Records Action, C.A. 9984-VCB (December 23, 2015)

Exactly how much information is a stockholder entitled to under the “necessary, essential and sufficient” standard applied when the stockholder seeks to value his interest in the corporation? This decision suggests that 3 years of past financial information is enough.

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