In Caspian Select Credit Master Fund Ltd. v. Key Plastics Corp., No. 8625 (Del. Ch. Feb. 24, 2014), the plaintiff was the sole minority investor in the defendant, and in April 2013, submitted a books and records request to investigate  self-dealing by the controlling shareholders and alleged corporate waste by the defendant.  The defendant rejected the request, arguing that the request was made in order to improve the plaintiff’s litigation position rather than for any valid business purpose.  The court disagreed, and held that the plaintiff was entitled to request books and records from the defendant pursuant to 8 Del. C. § 220 in order to investigate allegations of wrongdoing.  The court left the parties to negotiate which documents would be provided, however, in essence, awarding the plaintiff nothing after a costly, nearly year-long court battle regarding the propriety of the plaintiff’s request in the first instance.