A Cautionary Lesson for Boards When Faced With Shareholder Demands for Books and Records
October 18, 2023
In this article published in New York Law Journal, Jeffrey Lang and Colin Bridge provide an in-depth discussion of Ontario Provincial Council of Carpenters’ Pension Trust Fund v. Walton, where the Delaware Court of Chancery provided a cautionary lesson for corporate boards and their counsel on the risks of sharply limiting the scope of responses to shareholder demands for information.