Morris v. Pepsi-Cola Co.
This text of 21 A.D.2d 651 (Morris v. Pepsi-Cola Co.) is published on Counsel Stack Legal Research, covering Appellate Division of the Supreme Court of the State of New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
Judgment under article 78 of the Civil Practice Law and Rules directing an inspection of corporate books and records, unanimously affirmed, with costs to petitioner-respondent. We do not reach the question as to choice of law regarding a director’s right to inspection and examination of the books and records of a foreign corporation. Whether Delaware law applies or New York law governs is immaterial in the posture of the instant case. For even if Delaware law limits the right of inspection by a director to proper corporate purposes and proper motivation, the record herein wholly fails to show an improper motive or to create any issue of fact on that score which would require a hearing. Hence, whether petitioner’s rights as a director are absolute or qualified, the inspection ordered herein was [652]*652properly granted. Concur — Breitel, J. P., Valente, Stevens, Eager and Steuer, J J.
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Cite This Page — Counsel Stack
21 A.D.2d 651, 249 N.Y.S.2d 565, 1964 N.Y. App. Div. LEXIS 3809, Counsel Stack Legal Research, https://law.counselstack.com/opinion/morris-v-pepsi-cola-co-nyappdiv-1964.