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Chancery Largely Denies Books-and-Records Inspection Exploring Dividend Potential

February 15, 2024

Posted In Books and Records, Chancery

Greenlight Capital Offshore Partners, LTD., v. Brighthouse Financial Inc., C.A. No. 2022-1067-LWW (Del. Ch. Nov. 20, 2023)
Valuation is a well-established proper purpose to inspect corporate books and records. While each case turns on its own facts, in general the availability of public information to satisfy a valuation…

Supreme Court Upholds Contractual Voidness Provision in LLC Agreement

January 31, 2024

Chancery Limits Section 220 Books-and-Records Production to Formal Board Materials

January 8, 2024

Chancery Finds Member Breached LLC Agreement in Unilaterally Dissolving the Company

December 5, 2023

Chancery Declines to Modify Status Quo Order to Allow Partial Performance of Pending Settlement

August 1, 2023

Chancery Holds That Party’s Untimely Counterclaim Cannot Avoid Laches Defense By Invocation of Unclean Hands

August 1, 2023

Chancery Finds Restrictive Covenant in Stock Purchase Agreement is Unreasonable and Unenforceable

August 1, 2023

Supreme Court Finds Contractually Required Board Committee Determination Under Stock Option Agreements Did Not Bar Judicial Review

August 1, 2023

Delaware Supreme Court Affirms Delaware Choice-of-Law Ruling In Dismissal of D&O Liability Insurance Coverage Dispute

May 3, 2023