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THOMAS & BETTS CORP. v. LEVITON MFG. CO.

No. 70, 1996.

681 A.2d 1026 (1996)

THOMAS & BETTS CORPORATION, Plaintiff Below, Appellant, v. LEVITON MANUFACTURING CO., INC., Defendant Below, Appellee.

Supreme Court of Delaware.

Decided: August 2, 1996.

Attorney(s) appearing for the Case

Thomas Reed Hunt, Jr. and David J. Teklits of Morris, Nichols, Arsht & Tunnell, Wilmington, and Scott A. Edelman (argued), of Milbank, Tweed, Hadley & McCloy, New York City, for Appellant.

David C. McBride and Bruce L. Silverstein of Young, Conaway, Stargatt & Taylor, Wilmington, and Kenneth B. Forrest (argued), and Ben M. Germana of Wachtell, Lipton, Rosen & Katz, New York City, for Appellee.

Before VEASEY, C.J., WALSH and BERGER, JJ.

VEASEY, Chief Justice:

In this appeal we affirm the order of the Court of Chancery denying in part and limiting a stockholder's entitlement to inspection of books and records. In doing so, we rest our decision on the fact that the trial court's determination of the stockholder's failure to show a proper purpose turned on legal and credibility assessments well within the proper burden placed on a stockholder seeking an inspection...

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