DGCL Section 220 Request for Corporation’s Political Contributions

Posted on January 8, 2013 by Francis Pileggi

Qualcomm was sued recently in the Delaware Court of Chancery based on a request pursuant to DGCL Section 220, seeking corporate records regarding the company’s political contributions. Professor Stephen Bainbridge provides a scholarly analysis with copious citations to case law, suggesting that the prerequisites of Section 220 are not likely to be satisfied in such a claim.

Yours truly was quoted in an article about the suit in the publication called Law360, with a similar prediction.