A representative of a limited partnership was also acting in his role as manager of a parent company in making a proper books-and-records request, and his inspection should not be limited, the Delaware Court of Chancery ruled last week.
George Polk controls the LP, RED Capital Investment, through his ownership of Tulum Management USA. He also serves as a manager of RED Parent LLC, which wholly owns subsidiaries Recycled Energy Development, which conducts RED Parent’s operating and development activities, and RED Investment, a holding company for the parent’s various energy interests.
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