Saito v. McKesson HBOC, Inc.
Supreme Court of Delaware
1Opinion of the Court
BERGER, Justice.
In this appeal, we consider the limitations on a stockholder’s statutory right to inspect corporate books and records. The statute, 8 Del.C. § 220, enables stockholders to investigate matters “reasonably related to [their] interest as [stockholders]” including, among other things, possible corporate wrongdoing. It does not open the door td the wide ranging discovery that would be available in support of litigation. For this statutory tool to be mean ingful, however, it cannot be read narrowly to deprive a stockholder of necessary documents solely because the documents were…
2Cases cited6 opinions
- Brehm v. EisnerSupreme Court of Delaware · 2000
- Security First Corp. v. U.S. Die Casting & Development Co.Supreme Court of Delaware · 1997
- CM & M GROUP, INC. v. CarrollSupreme Court of Delaware · 1982
- Skouras v. Admiralty Enterprises, Inc.Court of Chancery of Delaware · 1978
- Shaw v. Agri-Mark, Inc.Supreme Court of Delaware · 1995
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- KT4 Partners LLC v. Palantir Technologies, Inc.Supreme Court of Delaware · 2019
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