The Supreme Court of Delaware recently issued a decision reiterating the rigidity of the relatively few “form and manner” requirements that Section 220 places on stockholders seeking to inspect corporate books and records. That decision, and its import, is described in my recent article in the Delaware Business Court Insider, linked here.
Duane Morris’ legal team in Delaware is experienced in advising both stockholders making such demands, and corporate teams responding to books and records demands. We’d appreciate the opportunity to assist you or your clients if you find yourself on either the “making” or the “receiving” end of a Section 220 demand to inspect corporate records.