The Delaware Court of Chancery, in Juul Labs, Inc. v. Daniel Grove, C.A. No. 2020-0005-JTL, opinion (Del. Ch. Aug. 13, 2020), finds inspection of a California headquartered Delaware corporation’s books and records is a matter of internal affairs controlled by Delaware law, not California law, required by a forum selection charter provision to be litigated in Delaware.
NEW: UCLA’s Professor Stephen Bainbridge discusses the decision in Are shareholder inspection rights subject to the internal affairs doctrine?
Morris James discusses the decision in Chancery Holds Statutory Rights to Inspect Books and Records of a Delaware Corporation are Subject to the Internal Affairs Doctrine and Governed Exclusively by Delaware Law.
White and Williams discusses the decision in Move Over California, Delaware Law Applies to Internal Corporate Affairs.
Orrick discusses the decision in Delaware Chancery Court Confirms that Inspection Rights to Books and Records of Delaware Companies Are Governed by Delaware Law, Even if the Company Is Headquartered Elsewhere.
Francis Pileggi discusses the decision in Chancery Enforces Forum Selection Clause in Charter for Inspection Demand.
Sheppard Mullin discusses the decision in Delaware Court of Chancery Applies the Internal Affairs Doctrine to Deny Stockholder Inspection Rights Under a Foreign State’s Law.
Allen Matkins discusses the decision in Does This Ruling By V.C. Laster Decide The Constitutionality Of California’s Female Board Quota Legislation?
DLA Piper discusses the decision in Delaware Court of Chancery: “Internal affairs doctrine” bars stockholder from using California Corporations Code to inspect books and records of a Delaware corporation – four takeaways.
Troutman Pepper discusses the decision in Delaware Court of Chancery Tells California To Get Off Its Lawn.
Shearman & Sterling discuss the decision in Delaware Court of Chancery Holds Stockholder Inspection Rights for Delaware Corporations Are Governed Exclusively By Delaware Law and Are Subject to a Delaware Forum Selection Provision Addressing Internal Affairs.
Tulane Law’s Professor Ann Lipton discusses the decision in The United States of Delaware.
Wilson Sonsini discusses the decision in Delaware Court of Chancery Limits Application of California Books and Records Statute to Delaware Corporations Under the Internal Affairs Doctrine.
$$$ Law360 discusses the decision in Chancery Makes Juul Investor Seek Docs In Del., Not Calif.
$$$ Bloomberg Law discusses the decision in Juul Wins Delaware Ruling Freeing It From California Records Bid.