Chappel v. Applied Control Systems Inc.

WETTICK, J.,

Plaintiff’s motion for judgment on the pleadings is the subject of this opinion and order of court. The issue raised through the motion is whether a director has an absolute right to inspect corporate records and review other information involving the affairs of the corporation that is ordinarily available to directors of a corporation.

Plaintiff’s complaint for declaratory judgment alleges that plaintiff’s husband, Robert Chappel, owns one-third of the outstanding shares of stock in Applied Control Systems Inc. (ACS). Defendants Richard Velan and Richard Starr also each own…