Supreme Court of Delaware
City of Westland Police & Fire Ret. Sys. v. Axcelis Techs., Inc., 594, 2009
In an action under Section 220 of the Delaware General Corporation Law to review books and records of the defendant corporation, judgment for defendant is affirmed where the record provided no credible basis to infer that the Board's rejections of certain proposals, and its refusal to extend the deadline for another company to submit a revised acquisition bid, were other than good faith business decisions.
Appellate Information
- Decided 08/11/2010
- Published 08/16/2010
Judges
- Jack B. Jacobs
Court
- Supreme Court of Delaware
Counsel
- For Appellant:
- Jay W. Eisenhofer, John L. Reed