Wal-Mart Stores, Inc. v. Indiana Electrical Workers, Del. Supr., No. 614, 2013.
A pending appeal before the Delaware Supreme Court addresses a claim under DGCL Section 220 for books and records of Wal-Mart in connection with allegations regarding misdeeds in their Mexican subsidiary. While he was the Chancellor, the current Delaware Chief Justice made a preliminary ruling requiring the disclosure by Wal-Mart of some of its books and records. The Delaware Supreme Court will decide if Wal-Mart is required to release the files of senior executives to determine in part what the board knew or did not know about the alleged impropriates in their Mexican subsidiary. Michael Scher of the FCPA blog has written a helpful article about the case. See link to his April 21, 2014 post.