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KORTÜM v. WEBASTO SUNROOFS, INC.

Civil Action No. 17237.

769 A.2d 113 (2000)

Franz-Josef KORTÜM and Webasto AG Fahrzeugtechnik, Plaintiffs, v. WEBASTO SUNROOFS INC., a Delaware corporation, Defendant.

Court of Chancery of Delaware.

Decided February 9, 2000.

Attorney(s) appearing for the Case

Michael D. Goldman, James F. Burnett, and Eileen M. Filliben, of Potter, Anderson & Corroon, Wilmington, Delaware, and Lawrence D. Pringle and James V. Parravani, of Dorsey & Whitney LLP, New York, New York, for Plaintiffs.

Samuel A. Nolen, Catherine G. Dearlove, Megan Semple Greenberg and Kelly A. Herring, of Richards, Layton & Finger, Wilmington, Delaware, for Defendant.

OPINION

JACOBS, Vice Chancellor.

This action is brought by a director and a 50% stockholder of a joint venture Delaware corporation to inspect the corporation's books and records under 8 Del. C. § 220. Two issues are presented. The first is whether the inspection rights of the director — which otherwise are conceded to be absolute — may be limited by ordering the director not to disclose those records (or information derived...

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