“You Waived What?”: Delaware’s LLC/Corporate Inspection Rights Divide

There’s a simple truth in Delaware entity law: LLCs and corporations operate on fundamentally different philosophies. Nowhere is that contrast sharper than when it comes to a member’s or stockholder’s right to inspect the company’s books and records. The Court of Chancery’s recent decision in Bengson v. Elevate RCM Holdings, LLC, C.A. No. 2025-1347-DG (Del. Ch. Aug. 10, 2026), drives that point home in striking fashion.... By: Farrell Fritz, P.C.