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Summaries and analysis of recent Delaware court decisions concerning business-related litigation.
Morris James Blogs
Master in Chancery Explains Damages Needed to Justify Books and Records Based On Wrongdoing
Posted In Books and RecordsWalther v. ITT Educational Services Inc., C.A. 8273-MA (February 10, 2015) When a stockholder seeks to inspect a company's records based on alleged wrongdoing, it is necessary to also show that wrongdoing has led to some damage to the entity. Otherwise, the inspection will be denied.