Mite Corporation v. Heli-Coil Corporation

DUFFY, Chancellor:

This is an action under 8 Del.C. § 220 in which Mite Corp. (plaintiff) seeks to examine and make extracts from the stock ledger and stockholder list of Heli-Coil Corp. 1 (defendant). Each party is a Delaware corporation. Heli-Coil denies that Mite has a right to relief under the statute and, in turn, asserts a counterclaim seeking to examine the stock ledger and a list of stockholders of Mite. Mite moved for judgment on the pleadings, the Court reserved a ruling and the case went to trial on the merits.

A

I first consider Mite’s claim to the Heli-Coil list. Apparently,…