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

Are Non-Compete Agreements Enforceable in Arizona?

In Arizona, non-compete agreements may be enforceable if “reasonable.” In determining whether a no...

Read More >

Recent Court Order Excluding Expert Testimony Offers Useful Reminders and Lessons for Construction Litigants

Construction claims often feature supporting testimony from design and/or scheduling experts, and ex...

Read More >

The United States Supreme Court Granted Review in 3 Cases This Past Week

Rutledge v. Pharmaceutical Care Management Ass’n, No. 18-540. Most states have enacted legislation...

Read More >

Federal Court Holds Cannabis Businesses are Subject to Federal Wage Laws

In Kenney v. Helix TCS, Inc. No. 18-1105 (10th Cir. Sept. 20, 2019), the 10th Circuit Court of Appea...

Read More >

Delaware Upholds Contractual Waiver of Appraisal Rights

Venture capital and private equity arrangements often include contractual provisions limiting the ri...

Read More >