Tag Archives: DGCL Section 220″

Confidentiality Agreement Not Always Required for Section 220 Demands

The Delaware Supreme Court recently announced a decision of great importance for stockholder demands under Section 220 of the Delaware General Corporation Law. In Tiger v. Boast Apparel, Inc., No. 23, 2019 (Del. Supr. Aug. 7, 2019), the Delaware Supreme Court ruled that: (i) although inspection of records demanded by stockholders pursuant to Section 220 … Continue Reading

DGCL Section 220 Request for Corporation’s Political Contributions

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 … Continue Reading

Supreme Court Affirms Chancery’s Denial of Request for Hewlett Packard Report

In Espinoza v. Hewlett-Packard Co., read opinion here, the Delaware Supreme Court yesterday affirmed the Court of Chancery’s denial of a request under DGCL Section 220 for a report regarding the investigation relating to the ouster of former Hewlett Packard CEO Mark Hurd. Highlights of prior Chancery decisions in this matter are available here. Professor … Continue Reading
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