Delaware

Books and Records Action: Chancery Examines Scope of Documents

09/29/14

In the recent decision of Caspian Select Credit Master Fund, Ltd. v. Key Plastics Corp., Inc., C.A. No. 8625-VCN (Del. Ch. Sept. 3, 2014), the Court analyzed whether categories of documents requested by Caspian, the minority shareholder of Key Plastics, were “narrowly  tailored” to a proper purpose.

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