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

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Court Of Chancery Holds That Wrong Forward Looking Statement Insufficient To Support Records Inspection

Haque v. Tesla Motors Inc., C.A. 12651-VCS (February 2, 2017)

It is not enough that certain forward-looking statements failed to come true to justify requiring an inspection of corporate records. More evidence of wrongdoing is needed if your inspection is based on a theory of mismanagement.