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: Delaware Corporate and Commercial Litigation BlogChancery Court Rejects Demand For Books and Records
By Francis G. X. Pileggi, Esq.
Norfolk County Retirement System v. Jos. A. Bank Clothiers, Inc., (Del. Ch., Feb. 12, 2009), read opinion here. This Delaware Chancery Court decision denied a demand for books and records under Section 220 of the Delaware General Corporation Law. There have been many decisions on Section 220 summarized on this blog. This decision is an example of why Section 220 claims are not always simple or predictable.
A more detailed summary of this case will be posted soon. For now, if one is interested in a negative perspective on the case, and criticism of Delaware corporate law in general, commentary can be found on the blog called The Race to the Bottom by Professor J. Robert Brown here.
Full post as published by Delaware Corporate and Commercial Litigation Blog on February 18, 2009 (boomark / email).
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