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“Dead Hand Proxy Puts” Garner Increased Stockholder Scrutiny In Delaware
Posted on 11 Jun 2015 by Robin Shea

by John Stigi , John Landry and Robin Achen A ruling last fall by the Delaware Chancery Court has prompted a wave of 8 Del. C. § 220 [ an annotated version of this statute is available to lexis.com subscribers ] books and records inspection demands... Read More

Court of Chancery Appoints Receiver as Remedy for Contempt in Books and Records Action
Posted on 22 Feb 2012 by Francis G.X. Pileggi

Jagodzinski v. Silicon Valley Innovation Company LLC , C.A. No. 6203-VCP (Del. Ch. Feb. 14, 2012). Issue Addressed The issue addressed in this case was whether the Court of Chancery should grant a Motion for Contempt and for the Appointment of... Read More

Delaware Court of Chancery Interprets Proper Purpose for DGCL Section 220 Demand
Posted on 26 Feb 2014 by Francis G.X. Pileggi

Caspian Select Credit Master Fund Ltd. v. Key Plastics Corp . , C.A. No. 8624-VCN (Del. Ch. Feb. 24, 2014) [ an enhanced version of this opinion is available to lexis.com subscribers ]. Practical Insights on Decision : This Chancery opinion is one... Read More

Chancery Denies Motion to Compel Supplemental Section 220 Production Due to Post-Trial Developments
Posted on 13 Feb 2012 by Francis G.X. Pileggi

Amalgamated Bank v. NetApp, Inc., C.A. No. 6772-VCG (Del. Ch. Feb. 6, 2012). Issue Addressed Whether supplement documents should be produced to comply with post-trial determination pursuant to DGCL Section 220 that books and records must be... Read More

Chancery Rejects Books and Records Demand under DGCL Section 220
Posted on 31 May 2011 by Francis G.X. Pileggi

Graulich v. Dell, Inc . (Del. Ch. May 16, 2011). What this case is about: This Court of Chancery opinion involved a demand by a shareholder for books and records of Dell, Inc. for the ostensible purpose of enabling him to investigate possible... Read More

Wal-Mart Saga Ends in Delaware; Plaintiff Loses Bid for More Section 220 Documents
Posted on 11 May 2015 by Francis G.X. Pileggi

As Frank Reynolds of Thomson Reuters reports, the long-running effort of a stockholder to obtain additional documents from Wal-Mart in a Section 220 proceeding appears to have reached a conclusion , though it may still be the subject of second appeal... Read More

“Dead Hand Proxy Puts” Garner Increased Stockholder Scrutiny In Delaware
Posted on 11 Jun 2015 by Sheppard Mullin

by John Stigi , John Landry and Robin Achen A ruling last fall by the Delaware Chancery Court has prompted a wave of 8 Del. C. § 220 [ an annotated version of this statute is available to lexis.com subscribers ] books and records inspection demands... Read More