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Supreme Court Confirms Chancery May Restrict Use of Company Records

United Technologies Corp. v. Treppel, No. 127, 2014 (December 23, 2014) 

This decision holds that in granting inspection of a company's records, the Court of Chancery may limit the use of those records to litigation in Delaware. The factors that guide the Court's discretion are spelled out in a non-exclusive way.

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blog, complex commercial litigation, corporate counseling & litigation