Carapico v. Philadelphia Stock Exch., Inc

In Carapico v. Philadelphia Stock Exch., Inc., 791 A.2d 787 (Del 2000), the plaintiff requested books and records from the parent corporation of which he was a shareholder and from the parent corporation's wholly owned subsidiaries. The court held that there was "nothing in the record to justify ignoring the separate existence of the subsidiaries," and therefore limited the final order "to books and records of the parent corporation in its possession, custody, or control." Id. at 793.