Legal Question in Business Law in Delaware

In general, a shareholder in a Delaware corporation does have a right to examine the books of the company under reasonable circumstances. To a large extent, the corporation's bylaws govern access by its shareholders to company information. In the event the bylaws are silent, access is denied or is unreasonably restrictive, the shareholder can petition the Delaware Court of Chancery to compel the company to produce its books for review.

You should consult with an attorney to specifically examine the circumstances in your case. Feel free to contact my office at your earliest convenience.

Roman R. Fichman, Esq.

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Disclaimer: This posting has been written for educational purposes only and was not meant to be legal advice and should not be construed as legal advice. You should always consult an attorney admitted to practice in your jurisdiction for specific advice.