What to keep in mind
Organize requests for accounts, contracts, cash records and related-party data; distinguish information claims from liability actions.
A generic demand to account may be weak unless duties and requested information are identified.
Distinctions often confused
Managers' corporate information duties are not always equivalent to an agent's duty to render accounts.
Frequently asked questions
Can a shareholder demand receipts for every expenditure?
That depends on the information regime and appropriate legal channels.
What if management systematically refuses to disclose information?
Preserve the refusals and assess access and evidence-preservation measures.
Informational content. It is not a substitute for professional advice.