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

The Right Way to Release Claims for Advancement on Termination of Employment

In Ephrat et al v medCPU, Inc., the Delaware Court of Chancery considered whether a separation agree...

Read More >

New Artificial Intelligence Law for Illinois Employers in January 2020

January 1, 2020, organizations that employ individuals based in Illinois will need to keep in mind t...

Read More >

Truck Drivers’ Sleeper Berth Time Is Presumptively Not Compensable Under The FLSA, DOL Concludes

In a welcome reversal of its prior guidance, on July 22, 2019, the U.S. Department of Labor (DOL) co...

Read More >

Delaware Court of Chancery Declines to Enforce Safe Harbors in Alternative Entity Context

On October 29, 2019, the Delaware Court of Chancery issued an important decision concerning master l...

Read More >

Managing Succession under COVID-19

Everyone, whether a corporate conglomerate, an international company, a national supermarket chain, ...

Read More >

Key takeaways from the FTC's noncompete workshop

On 9 January 2020 the Federal Trade Commission (FTC) held a public workshop in Washington, D.C. to a...

Read More >