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
In today’s edition of Daily Compliance News: Boeing whistleblower say safety system was vetoed on ...
Read More >
On August 9, 2019, Illinois Governor J.B. Pritzker signed into law Public Act 101-0221, which goes i...
Read More >
As a result of recent federal litigation, the Equal Employment Opportunity Commission (“EEOC”) has...
Read More >
The Washington Supreme Court held for the first time yesterday that obesity is a protected class und...
Read More >
This newsletter is our take on the antitrust developments we think are most interesting to your busi...
Read More >
Many employers have offices in multiple states, but want to have one form of employee agreement proh...
Read More >