20Oct
Delaware Supreme Court Reaffirms Primacy of Market Evidence in Determining Fair Value in Appraisal Proceedings
On July 9 and October 12, 2020, the Delaware Supreme Court added two more opinions to its growing suite of recent appraisal decisions underscoring the prominence of market-based factors in determining fair value. In Fir Tree Value Master Fund, LP v. Jarden Corp., the Delaware Supreme Court affirmed Vice Chancellor Slights’ finding that Jarden’s unaffected stock market price was the most reliable indicator of fair value under the facts presented there....
By:
Cadwalader, Wickersham & Taft LLP
Related
The COVID-19 pandemic has uprooted our social norms and daily lives in unprecedented ways. However, ...
Read More >
Automobiles have always been one of the fastest growing commodities since its creation in the mid-19...
Read More >
On October 31, 2019, California’s First District Court of Appeal in Lauren O’Grady v. Merchant Exc...
Read More >
More than thirty years ago, the Washington Supreme Court ruled defense counsel may not engage in ex ...
Read More >
The Fifth Circuit recently became the first federal court of appeals to hold that employees who sign...
Read More >
As the pandemic continues to change the economic landscape, financial services companies and investo...
Read More >