Kortüm v. Webasto Sunroofs, Inc.

OPINION

JACOBS, Vice Chancellor.

This action is brought by a director and a 50% stockholder of a joint venture Delaware corporation to inspect the corporation’s books and records under 8 Del. C. § 220. Two issues are presented. The first is whether the inspection rights of the director — which otherwise are conceded to be absolute — may be limited by ordering the director not to disclose those records (or information derived therefrom) to the 50% stockholder that designated the director as a board member. The second issue is whether the plaintiff stockholder’s stated purpose for inspection is…