Legal Opinion
Amalgamated Bank v. Yahoo! Inc.
Court of Chancery of Delaware
Decided February 2, 2016No. CA 10774-VCLPublishedCited by 132 opinions
1Opinion of the Court
OPINION
LASTER, Vice Chancellor.
Plaintiff Amalgamated Bank (“Amalgamated”) demanded to inspect the books and records of respondent Yahoo! Inc. pursuant to Section 220 of the Delaware General Corporation Law, 8 Del. C. § 220. Amalgamated’s stated purpose was to investigate the hiring and subsequent firing of Yahoo’s Chief Operating Officer, Hen-ifique de Castro. This post-trial decision orders a tailored production of some of the documents identified in the demand. The production is subject to .a condition: The resulting documents will be deemed incorporated by reference in any derivative…
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