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Summaries and analysis of recent Delaware court decisions concerning business-related litigation.
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Morris James Blogs
Master in Chancery Explains Damages Needed to Justify Books and Records Based On Wrongdoing
Posted In Books and Records
Walther 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.