X
29Oct

Rejecting A Suit Seeking A 43.9% Higher Payout, The Delaware Chancery Court Declared That The $18 Per Share Price Paid For Stillwater Was The Fair Value.

K&L Gates LLP | | Return|
In In Re: Appraisal of Stillwater Mining Company, Consol. C.A. No. 2017-0385-JTL (Del. Ch. Aug 21, 2019), the Delaware Court of Chancery (the “Court”) held that the fair value of Stillwater Mining Company (“Stillwater”) at the time of its acquisition...
By: K&L Gates LLP
Source Url: https://www.jdsupra.com/legalnews/rejecting-a-suit-seeking-a-43-9-higher-85437/

Related

Beware of the “Overshare”: Construe Requests for ERISA Plan Documents Narrowly!

Seyfarth Synopsis: Administrators of ERISA plans frequently receive requests from participants, ben...

Read More >

The Next Round of Federal Labour Reform: Minimum Wages and Employment Standards

In December 2019, the federal government released the report of an expert panel on the changing natu...

Read More >

Upcoming Regulatory Initiatives Impacting Private Fund Managers - January 2021

1. ESG In recent years, environmental, social and governance (ESG) factors have become a key discuss...

Read More >

U.S. Supreme Court Remands “Stock Drop” Case Back to Second Circuit

The United States Supreme Court, in a per curiam decision, declined to address whether plan particip...

Read More >

If Pain (or Anything Else), Yes Gain—Part 68: Nevada Becomes Second State to Enact Paid Time Off Law

Seyfarth Synopsis: Last month, Nevada became the second state to enact a mandatory paid time off law...

Read More >

Orrick's 101 - Employment Law In Germany - Employers' Essentials (2020 Edition)

Every player interested or already active in the German market needs to have a working knowledge of ...

Read More >