Legal Opinion
Highland Select Equity Fund, L.P. v. Motient Corp.
Court of Chancery of Delaware
Decided July 6, 2006No. C.A. 2092-NPublishedCited by 27 opinions
1Opinion of the Court
OPINION AND ORDER
LAMB, Vice Chancellor.
A substantial stockholder of a Delaware corporation seeks access to the company’s books and records pursuant to 8 Del. C. § 220, purportedly to investigate suspected mismanagement and for use in conjunction with an ongoing proxy contest. The demand letter spans 25 single-spaced pages and includes 47 categories requiring the production of “all books, records, documents, and correspondence in the Company’s possession, custody, or control that constitute, identify, analyze, discuss, evaluate, consider or address” a wide variety of issues. The corporation…
2Cases cited11 opinions
- Rales v. Blasband Ex Rel. Easco Hand Tools, Inc.Supreme Court of Delaware · 1993
- Security First Corp. v. U.S. Die Casting & Development Co.Supreme Court of Delaware · 1997
- CM & M GROUP, INC. v. CarrollSupreme Court of Delaware · 1982
- Saito v. McKesson HBOC, Inc.Supreme Court of Delaware · 2002
- Skoglund v. Ormand Industries, Inc.Court of Chancery of Delaware · 1976
6 more not listed; retrieve them via the Exa API.
3Cited by27 opinions
- West Coast Management & Capital, LLC v. Carrier Access Corp.Court of Chancery of Delaware · 2006
- Pershing Square v. Ceridian CorporationCourt of Chancery of Delaware · 2007
- United Technologies Corp. v. TreppelSupreme Court of Delaware · 2014
- Diedenhofen-Lennartz v. DiedenhofenCourt of Chancery of Delaware · 2007
- Kaufman v. CA, INC.Court of Chancery of Delaware · 2006
22 more not listed; retrieve them via the Exa API.