Court Of Chancery Again Dismisses Late Books And Records Case

Posted on June 3, 2010 by Edward M. McNally

Baca v. Insight Enterprises. Inc., C.A. 5105-VCL (June 3, 2010)

Just as it did last month in the King case, the Court of Chancery has again dismissed a complaint for inspection of a company's books and records when that complaint was filed after a derivative suit was filed and is an effort to find a a basis to sustain the derivative case.

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