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N.A. LAMBRECHT v. BANK OF AMERICA CORPORATION

5203, 650182/09, 5203A.

85 A.D.3d 576 (2011)

925 N.Y.S.2d 484

2011 NY Slip Op 5349

N.A. LAMBRECHT, Appellant, v. BANK OF AMERICA CORPORATION, Respondent.

Appellate Division of the Supreme Court of New York, First Department.

Decided June 21, 2011.

A shareholder will not be granted the right to inspect corporate books and records under section 220 of the Delaware General Corporation Law unless she establishes a "proper purpose," that is, unless her primary purpose for seeking the relief is "reasonably related to [her] interest as a stockholder" (see 8 Del Code Ann § 220 [b], [d]; Thomas & Betts Corp. v Leviton Mfg. Co., Inc., 681 A.2d 1026, 1030 n 1 [Del 1996...

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