X
26Aug

Delaware Supreme Court Affirms Use of Unaffected Market Price to Determine Public Corporation’s “Fair Value” in Appraisal Proceeding

Fir Tree Value Master Fund, L.P. v. Jarden Corp., No. 454, 2019 (Del. July 9, 2020) - Adding to its appraisal jurisprudence, the Supreme Court of Delaware recently affirmed the use of the unaffected trading price of a public corporation’s stock to determine its “fair value” in the circumstances presented, while clarifying that “it is not often that a corporation’s unaffected market price alone could support fair value.”...
By: Morris James LLP
Source Url: https://www.jdsupra.com/legalnews/delaware-supreme-court-affirms-use-of-97233/

Related

Updating the Mechanism on Supervising Mergers and Acquisitions in Indonesia

As in implementing regulation of Law of the Republic Indonesia No.5 of 1999 on the Prohibition of Mo...

Read More >

OSHA Raises Fines for 2020

The Occupational Safety and Health Administration has raised its civil penalties for the fifth year ...

Read More >

Impact of COVID-19 on Global Merger Control Reviews

EU–DGCOMP is encouraging merging parties to delay notifications and discuss timing of transactions ...

Read More >

Court Greenlights Simultaneous Tort and Contract Misappropriation Claims

The United States District Court for the Western District of Pennsylvania recently clarified that pl...

Read More >

DOJ and SEC Issue Second Edition of the FCPA Resource Guide

On July 3, 2020, the U.S. Department of Justice (DOJ) and U.S. Securities and Exchange Commission (S...

Read More >

The U.S. House Wants The ABC Test Adopted On A National Scale. The Senate? Not So Much.

My colleague Todd Lyon wrote an excellent piece earlier this week about the House of Representatives...

Read More >