Books and records actions are heralded as the “tools at hand” for litigators pursuing shareholder claims against a corporation.
Chancery Approves Incorporation of Reference Condition in Section 220 Litigation
Books and records actions are heralded as the "tools at hand" for litigators pursuing shareholder claims against a corporation. In fact, the Delaware Court of Chancery has been critical of litigants who failed to take advantage of a shareholder's right to request the books and records of a corporation prior to commencing litigation against the corporation.

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