In the latest of a wave of appraisal opinions issued in Delaware, on August 1st, the Delaware Supreme Court reversed the highly-publicized DFC Global appraisal ruling, in DFC Global Corporation
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DGCL Section 262
Chancery Court Determines Fair Value of Merger Shares of Ancestry.com, Inc.
By Fox Rothschild LLP on
In prior posts, we discussed the methodology employed by the Court in determining the fair value of shares under a challenge to a merger under 8 Del. C. § 262…
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Appraisal Proceedings: Interest Included in Calculation
By Fox Rothschild LLP on
Under Section 262 of the Delaware General Corporation Law (“DGCL”), the Court is authorized to add simple or compound interest to the appraised value to a dissenting shareholder.
The Court…
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Valuation Methodologies in Appraisal Proceedings (Part II)
By Fox Rothschild LLP on
In a prior post, we discussed valuation methodologies utilized by the Delaware Court of Chancery. The Court of Chancery generally utilizes a discounted cash flow methodology in appraisal proceedings.
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Valuation Methodologies in Appraisal Proceedings (Part I)
By Fox Rothschild LLP on
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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Demand for Appraisal of Shares Under Section 262
By Fox Rothschild LLP on
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 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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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