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
Related
The National Labor Relations Board (NLRB or Board) has been increasingly energetic as 2019 progresse...
Read More >
Pepper Hamilton partner Paul L. Porretta and Troutman Sanders partner Mamta K. Shah recently hosted ...
Read More >
Much has already been written regarding the potential of COVID-19 to impact construction or developm...
Read More >
Pointing to an increasing trend of private equity firms acquiring physician staffing companies and p...
Read More >
On November 6, 2019, the Internal Revenue Service (IRS) released Notice 2019-59, which sets forth th...
Read More >
Following the string of biosimilar agreements announced in early November, a number of additional tr...
Read More >