Delaware Courts Expand Books and Records Inspection Rights under Section 220 to Allow Greater Access to Electronic Communications
In two recent cases, the Delaware Supreme Court and Delaware Court of Chancery upheld demands for electronic communications in Section 220 books and records actions. In both KT4 Partners LLC v. Palantir Technologies, Inc. and Schnatter v. Papa John’s International, Inc., the courts observed that as modern record-keeping and business practices evolve in the digital age, so too should Delaware’s interpretation of Section 220 evolve to match the corporate migration towards electronic communications.
Attached is the memorandum discussing the cases.
CGR Memo - Delaware Courts Expand Books and Records Inspection Rights under Section 220 to Allow Greater Access to Electronic Communications.pdf (pdf | 608.76 KB )