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Paramount to Supreme Court: Bright Line Rule Needed for Records Demands

The court has been asked to address whether Vice Chancellor J. Travis Laster correctly overruled Senior Magistrate Selena E. Molina’s recommendation that the action be resolved in Paramount’s favor, finding the shareholder that brought the demand had established a credible basis to suspect wrongdoing by Paramount’s board.         Click Here To Read The Full Article

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Published on     Posted In: Law.com