14Jul
Delaware Supreme Court Affirms Appraisal Ruling Relying On Unaffected Market Price To Determine Fair Value
On July 9, 2020, in an en banc opinion authored by Chief Justice Collins J. Seitz, Jr., the Delaware Supreme Court affirmed a decision by the Delaware Court of Chancery, which relied on the unaffected stock price of Jarden Corporation to determine its fair value in a post-merger appraisal action. Fir Tree Value Master Fund, LP v. Jarden Corp., No. 454, 2019 (Del. July 9, 2020). “Although it is not often that a corporation’s unaffected market price alone could support fair value,” explained the...
By:
Shearman & Sterling LLP
Related
Winthrop & Weinstine employment law attorneys explain the impact of the overtime exemption rules iss...
Read More >
A company that does not perform adequate due diligence prior to a merger or acquisition may face bot...
Read More >
After quarter-on-quarter gains in Q1 and Q2 this year, global M&A value took a tumble in Q3, registe...
Read More >
Bricker & Eckler's construction attorneys are proud to present "Top Gun," our premier Midwest constr...
Read More >
Among the new models are “supergroups,” involving combinations of physicians, dentists, vision-car...
Read More >
Employers who compensate non-exempt employees based on the “fluctuating work week” method, take no...
Read More >