How can stockholders overcome hurdles to make a books and records request under state corporate law? And how can corporations defend against overbroad requests?
Delaware has a well-deserved reputation for being business-friendly. A number of factors underlie the reputation, but one that gets too little attention is the Delaware court system’s approach to evaluating a stockholder’s request to review books and records of the corporation. Last year, Jon Oebker observed that stockholders’ rights to request corporate books and records from Ohio […]