Robert J. Henrichs, Derenty Tabios, and Robert E. Burk, Appellants v. Chugach Alaska Corporation, Appellee

Summary

The Alaska Supreme Court affirmed summary judgment and dismissal of the former directors' claims against Chugach. It held that the governing statutes required only reasonable inspection and copying of corporate records, not delivery of shareholder information, and that the directors did not attempt the required inspection. The court also held that conversion of Chugach's motion to dismiss into a summary judgment motion caused no prejudice and that Chugach's proxy practices and election procedures did not violate applicable law or its bylaws.