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Supreme Court Confirms Chancery May Restrict Use Of Company Records
By Morris James LLP on December 23, 2014
Posted In Books and Records
United Technologies Corp. v. Treppel, No. 127, 2014 (December 23, 2014)
This decision holds that in granting inspection of a company's records, the Court of Chancery may limit the use of those records to litigation in Delaware. The factors that guide the Court's discretion are spelled out in a non-exclusive way.
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