If you own shares of a Delaware company that has been merged or consolidated, and believe that you have not been given fair value for your shares, then you may
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Summary Proceedings
Delaware LLC “Books and Records” Demand
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A member or manager of a Delaware limited liability company may wish to obtain access to the company’s books and records. Such information can be useful in determining, for example,…
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The Process of Appraising Shares Under Section 262 of the DGCL
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How Does the Process Work for Obtaining an Appraisal of Shares?
After filing a petition under Section 262 demanding appraisal of shares, the surviving corporation must file with the Court…
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Exceptions to Availability of Appraisal Rights under Section 262 of the DGCL
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What Are the Exceptions to the Availability of Appraisal Rights Under Section 262?
Exceptions to the availability of appraisal rights include the denial of appraisal rights when:
1) the merger…
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Demand for Appraisal of Shares Under Section 262
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What Mechanism Can Shareholders Use To Appraise Their Shares in a Corporation That Is a Party to a Merger or Consolidation?
Section 262 of the DGCL provides appraisal rights to…
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Appraisal Actions Must be Consolidated with Other Claims
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It is not uncommon for shareholders who seek appraisal of their shares, pursuant to Section 262 of the Delaware General Code (“DGCL”) in objection to a merger, to also pursue…
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Section 227 Actions: A Brief Review
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Section 227 of the Delaware General Corporation Law (the “DGCL”) provides the Court with the authority to “determine the right and power of persons claiming to own stock, or in…
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Section 225: Who Has Standing to Bring Such Actions
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In asserting an action under Section 225 of the Delaware General Corporation Law (the “DGCL”) to determine the proper board composition of a Delaware corporation or its officers, a question…
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Section 225: Proper Scope of Proceeding
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Section 225 of the Delaware General Corporation Law (the “DGCL”) provides a basis for a shareholder or director to petition the Court of Chancery to determine the proper board composition…
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The Scope of a Section 220 Books and Records Action
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Shareholders of a Delaware corporation have at their disposal the ability to demand inspection of the books and records of a Delaware corporation pursuant to Section 220 of the Delaware…
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