Court of Chancery of Delaware
W. Coast Mgmt. & Capital, LLC v. Carrier Access Corp., 2262-N
Plaintiff's action to inspect a corporation's books and records pursuant to 8 Del. C. section 220 is dismissed where plaintiff did not have a proper purpose in making its demand since it was estopped from relitigating demand futility, and a Colorado federal court's opinion and order precluded it from filing a second derivative complaint.
Appellate Information
- Decided 11/14/2006
- Published 11/30/2006
Judges
Court
- Court of Chancery of Delaware
Counsel
- For Appellant:
- Joseph A. Rosenthal, Rosenthal, Monhait & Goddess, P.A., Wilmington, DE; William B. Federman, Stuart W. Emmons, Federman & Sherwood, Oklahoma City, OK, for the Plaintiff.
- For Appellees:
- Peter J. Walsh, Jr., Timothy R. Dudderar, Potter, Anderson & Corroon, LLP, Wilmington, DE; Boris Feldman, Douglas J. Clark, Karen T. Stefano, Kelley E. Moohr, Wilson Sonsini Goodrich & Rosati, Palo Alto, CA, for the Defendant.