In the Matter of Samuel Cohen, Respondent, Against Cocoline Products, Inc., Appellants

Summary

The Court reversed the order granting inspection of corporate books to a former director and remanded for further proceedings, holding that a director's absolute right to inspect terminates upon removal and that any qualified right for a former director must be exercised with discretion and a hearing. Justice Desmond dissented, arguing that the petition should be dismissed outright because the petitioner is neither a director nor a stockholder.