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

FTC Acts to Block Jefferson/Einstein Hospital Merger

On February 27, 2020, the Federal Trade Commission (FTC) issued an administrative complaint seeking ...

Read More >

What is the Future of Driverless Vehicles? -- Trains, Planes and Automobiles

Safety First for Automated Driving (SaFAD), a 146-page whitepaper authored by 11 companies from both...

Read More >

IRS Adopts Final Regulations With Required and Optional Changes to Hardship Distribution Rules for 401(k) and 403(b) Plans

Most Employers Need to Make Plan Document and Administrative Changes - In late 2018, the Internal R...

Read More >

New I-9 Form for Employers

For employers seeking to fulfill their obligation to complete and retain Form I-9s for each person o...

Read More >

Oregon Law Requires Employees be Notified of ICE Worksite Enforcement Actions

Oregon joins California in requiring employers notify employees of any government investigation into...

Read More >

FLSA Claims May Be Settled In Federal Court by Offer And Judgment Without Court Review Or Approval

Parties may now settle federal wage and hour claims under the Fair Labor Standards Act (FLSA) withou...

Read More >