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Summaries and analysis of recent Delaware court decisions concerning business-related litigation.

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Court Of Chancery Dismisses Case For Failure To Pursue Records

Thermopylae Capital Partners LP v. Simbol, Inc., C.A. 10619-VCG (January 29, 2016)

The Court of Chancery expects a plaintiff to supply those facts necessary to state a claim in reasonable detail, particularly when those essential facts might be obtained by an inspection of an entity’s records. Here the Court dismissed a complaint for its failure to state those facts that would have been evident from a records inspection and when the absence of those facts made the complaint  too difficult to understand.