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November 16, 2021

16 November 2021

A Reminder That Former Directors Can Often – But Not Always – Access Their Former Company’s Privileged Records

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In a November 9 letter decision, Vice Chancellor Will denied a motion filed by a company’s former directors to obtain its privileged information.  The decision highlights an exception to the rules governing a former director’s right to access their former company’s privileged information: access will be denied where the former director is seeking the information to pursue an individual damages claim against the company. (more…)