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27 Aug 2010, 8:00 am by J Robert Brown Jr.
  Although City of Westland Police met all of the requirements articulated by the Supreme Court, the Court nonetheless affirmed the Chancery Court's decision to deny inspection rights. [read post]
27 Aug 2010, 5:00 am by J Robert Brown Jr.
  "We have concluded that Westland's Blasius argument lacks merit, because it improperly attempts to shift to Axcelis Westland's burden to establish a "proper purpose" for a Section 220 inspection. [read post]
19 Aug 2010, 8:51 am by Ted Allen
  In an Aug. 11 decision, the Supreme Court affirmed the dismissal of a lawsuit by the City of Westland Police and Fire Retirement System, which sued Axcelis Technologies after its board declined to accept the resignations of three directors who failed to receive majority support at the 2008 annual meeting. [read post]
17 Aug 2010, 4:26 am by Broc Romanek
Books & Records: Investigations Into Rejections of a Director's Resignation John Grossbauer of Potter Anderson notes: Recently, the Delaware Supreme Court issued this opinion - in City of Westland Police v. [read post]
11 Aug 2010, 11:47 am by Eric Hoke, Paralegal
One in 5 new car sales are hybrids in cities like Berkeley, Palo Alto, and Sonoma. [read post]
22 Jan 2010, 5:00 am by J. Robert Brown
Axcelis ought to have been a simple case that generated little controversy. [read post]
23 Oct 2009, 6:37 am
Shareholders simply wanted the minutes/agendas of the meetings where the board considered how to handle the resignations of the three directors who did not receive the requisite support from shareholders and the documents distributed at the meetings. [read post]
22 Oct 2009, 5:00 am
As we have noted, shareholders in this case merely sought board minutes/agendas and materials considered by the board in deciding whether to accept the letters of resignation by the three directors. [read post]
21 Oct 2009, 5:00 am
Despite being the owners of the company, shareholders in Delaware are not allowed to examine the books and records unless they have a proper purpose. [read post]