Thomas & Betts Corp. v. Leviton Manufacturing Co.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• affirming Court of Chancery’s finding that stockholder had “failed to demonstrate that [its articulated purpose] is the actual purpose for the information sought”
• “Undergirding this discretion [to determine the scope of inspection] is a recognition that the interests of the corporation must be harmonized with those of the inspecting stockholder.”
• “Undergirding this discretion [to determine the scope of inspection] is a recognition that the interests of the corporation must be harmonized with those of the inspecting stockholder.”
• affirming the trial court's grant of limited inspection for the petitioner's valuation purpose
• “[Stockholders] are not required to prove by a preponderance of the evidence that waste and [mis]management are actually occurring.”
• “[The stockholder’s] subjective belief that wrongdoing has occurred is insufficient to meet the evidentiary burden required to compel inspection”

Source: CourtListener parenthetical corpus (CC0).