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Chancery's harsh new message to defendants: 'Egregious' Section 220 fights will cost you big


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(Reuters) - Pressure has been building quietly for a couple of years among the judges of Delaware Chancery Court about defendants’ increasingly aggressive opposition to shareholder demands for the corporate books and records they are entitled to see under Section 220 of the Delaware Corporate Code.
On Thursday, Chancellor Kathaleen McCormick erupted. ....

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