Stockholder Demands for Books and Records Inspections Under Delaware Law: Lessons From Recent Cases
Responding to Inspection Demands, Limiting Scope of Inspection
Recording of a 90-minute CLE webinar with Q&A
This CLE course will examine recent case law addressing stockholders’ right to inspect corporate books and records, limitations on inspection rights, and best practices for corporations in responding to inspection demands.
Outline
- Purpose of and trends in books and records inspections
- Procedure for inspecting corporate books and records under Delaware law
- Legal and procedural strategies for responding to demands and limiting the scope of production and its use
- Attorneys’ fees in lawsuits over rights to demand inspection
Benefits
The panel will review these and other key issues:
- How has recent case law in Delaware impacted stockholders’ right to demand inspection of a corporation’s books and records?
- What factors should corporations and their counsel take into account when developing a strategy for responding to a stockholder inspection demand?
- What legal and procedural arguments have been effective for avoiding inspection demands or limiting the scope of information produced or its use?
Faculty
Jill K. Agro
Of Counsel
Womble Carlyle Sandridge & Rice
Ms. Agro is an experienced litigator in Delaware’s Court of Chancery. She litigates and advises on an array... | Read More
Ms. Agro is an experienced litigator in Delaware’s Court of Chancery. She litigates and advises on an array of Chancery matters including breaches of fiduciary duties, books and records demands, receivership issues, contract law, and business tort claims. She works closely with corporate clients, their boards and executive leadership, and their legal teams to resolve corporate and commercial disputes. Jill also represents individual directors and officers in a variety of matters ranging from advancement to complex securities class action litigation.
CloseSara B. Brody
Partner
Sidley Austin
Ms. Brody has extensive experience in securities litigation, defending issuers, officers, directors, underwriters... | Read More
Ms. Brody has extensive experience in securities litigation, defending issuers, officers, directors, underwriters and venture capital firms in shareholder class actions and derivative actions in state and federal courts throughout the United States. She also has extensive experience in conducting internal investigations and counseling clients on disclosure issues. She has written articles and lectures on a wide range of securities litigation topics in legal and business forums across the country.
CloseB. Warren Pope
Partner
King & Spalding
Mr. Pope’s practice focuses on complex commercial litigation, including securities, shareholder, and professional... | Read More
Mr. Pope’s practice focuses on complex commercial litigation, including securities, shareholder, and professional liability litigation. He represents clients in class actions and shareholder derivative litigation involving the federal and state securities laws, directors’ and officers’ fiduciary duties, and other matters of corporate governance. He also represents corporations and directors and officers in internal and government investigations and related litigation.
CloseMichael R. Smith
Partner
King & Spalding
Mr. Smith focuses his practice on securities and shareholder litigation and related board investigations. He... | Read More
Mr. Smith focuses his practice on securities and shareholder litigation and related board investigations. He has litigation experience in a wide range of securities and shareholder litigation matters, including securities fraud class action litigation, shareholder derivative actions, audit committee and other board committee investigations, SEC enforcement actions, corporate takeover litigation, and related business tort litigation. He is a frequent speaker and writer on securities litigation topics.
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