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Expert Analysis

Chancery May Have Raised Bar For Books, Records Requests

By Joshua Margolin and Sean Goldman-Hunt ( January 21, 2025, 4:52 PM EST) -- On Oct. 24, the Delaware Court of Chancery in Roberta Ann K.W. Wong Leung Revocable Trust v. Amazon.com Inc.[1] approved a magistrate's May posttrial denial of a Delaware General Corporation Law, Section 220, books and records demand against Amazon, holding that stockholders had no right to inspect Amazon's books despite the company facing suits from the Federal Trade Commission, state attorneys general, private plaintiffs, and a €1.3 billion ($1.35 billion) fine levied by Italian regulators....

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