![United States: Delaware Supreme Court Holds That Stockholders Need Ordinarily Only Identify A ‘Credible Basis' For Possible Wrongdoing, Not ‘Actionable Misconduct,' To Establish A ‘Proper Purpose' For A Section 220 Books And Records Dema](https://cdn.newsserve.net/ONPglobe256.png)
United States: Delaware Supreme Court Holds That Stockholders Need Ordinarily Only Identify A ‘Credible Basis' For Possible Wrongdoing, Not ‘Actionable Misconduct,' To Establish A ‘Proper Purpose' For A Section 220 Books And Records Dema
Last week, the Delaware Supreme Court issued an important decision effectively broadening the scope of stockholder pre-litigation inspection rights.
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