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

Hitachi Automotive Systems Americas Settles EEOC Disability Discrimination Suit

Auto Parts Manufacturer Refused to Hire Employee Who Needed a Reasonable Accommodation, Federal Agen...

Read More >

Gig Companies Lose Round 2 in New Prime Battle As Courts Debate Whether Workers Are Exempt From Arbitration

A federal appeals court decided last week that ride-share drivers engaging in interstate commerce wh...

Read More >

Tempted to Pay Employees "Off the Books"? Here's Why You Shouldn't

Does this situation sound familiar to you? You are a small business with a few employees. You know ...

Read More >

Beltway Buzz - November 2019

We Juan It! The Washington Nationals are World Series champions, and it is Soto-rific. This is the f...

Read More >

Gender Pay Equality in France: March 1 Brings Three Important Events

Companies in France should pay attention to the date of March 1, 2020, for three reasons: First, it ...

Read More >

Sitol v Finegold: NEC3 adjudication time bar applied

The idiom “all duck or no dinner“, if you’re not familiar with it, means “all or nothing“. I on...

Read More >