Court of Chancery Explains When There Is A Basis To Investigate

Edward McNally
Morris James LLP
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T.J. Rogers v. Cypress Semiconductor Corp., C.A. No. 2017-0070-AGB (April 17, 2017)

This decision does a good job of explaining when there is an adequate showing of possible wrongdoing sufficient to justify a books and records inspection. It also explains why conducting a proxy contest does not warrant denying inspection.

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