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Summaries and analysis of recent Delaware court decisions concerning business-related litigation.
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Master Denies Limits On Trading Following Inspection
Posted In Books and Records
Southpaw Credit Opportunity Master Fund LP v. Advanced Battery Technologies Inc,. C.A. 9542-ML (February 26, 2015)
A Master holds that the Court should not impose trading restrictions after a books and records inspection but should impose a confidentiality provision. Also interesting, the Master rejected the claim that China law prohibited inspection of a Delaware corporation's records.
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