Murphy v. Fiduciary Counsel, Inc.

Judgment, Supreme Court, New York County, *669entered on June 14,1972, granting petitioner access to certain records, reversed, on the law and facts, without costs and without disbursements, and the petition dismissed. A former director may have a qualified right to inspect the corporate books and records covering the period of his directorship whenever the director can make a proper showing by appropriate evidence that such inspection is necessary to protect his personal responsibility interest, as well as the interest of the stockholders. This record fails to establish facts which would warrant…