SHAREHOLDER'S DERIVATIVE SUIT DOES NOT WAIVE RIGHT TO ACCESS RECORDS
Khanna v. Covad Communications Group
A shareholder's filing of a derivative suit while his litigation to compel access to corporate books and records is pending does not extinguish his right to obtain those documents, the Delaware Chancery Court has ruled. The court explained that the...
SHAREHOLDER'S DERIVATIVE SUIT DOES NOT WAIVE RIGHT TO ACCESS RECORDS
Khanna v. Covad Communications Group