In the matter of Huff Fund Investment Partnership v. CKx, Inc., C.A. No. 6844-VCG, Petitioner, Huff Fund Investment Partnership (“Huff Fund”), instituted an appraisal action against Respondent, CKx, Inc.
Continue Reading The Court of Chancery Declines Apply An Offer-Of-Judgment Rule In An Appraisal Action
Appraisal
Appraisal of Corporate Shares
By Fox Rothschild LLP on
When a Delaware corporation merges or consolidates with another company, shareholders can petition the Delaware Court of Chancery to appraise the value of their shares. This post will address a…
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Directors’ and Shareholders’ Reference Guide to Summary Proceedings in the Delaware Court of Chancery
By Sheldon Rennie on
The Delaware Court of Chancery is internationally recognized for resolving disputes related to corporations and other business entities. Its excellence, opportunity for proceedings and swift determination, actions known as summary…
Appraisal Actions Must Be Instituted Separately From Claims of Wrongdoing Against Directors and Officers, With One Exception
By Sheldon Rennie on
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…
Court Reinforces Principle that in Most Circumstances Appraisal is the Exclusive Remedy in Connection With a Short Form Merger
By Sheldon Rennie on
On January 10, 2012, in the case of In Re Appraisal of the Aristotle Corporation, the Delaware Court of Chancery addressed an issue of first impression with respect to…
Continue Reading Court Reinforces Principle that in Most Circumstances Appraisal is the Exclusive Remedy in Connection With a Short Form Merger