The Shareholder Forumtm

support of long term investor interests in

Appraisal Rights

for

Intrinsic Value Realization

 

 

RECONSIDERATION OF APPRAISAL RIGHTS

The Delaware Supreme Court issued a ruling on December 14, 2017 that endorsed its interpretation of the "Efficient Market Hypothesis" as a foundation for relying upon market pricing to define a company’s “fair value” in appraisal proceedings. The Forum accordingly reported that it would resume support of marketplace processes instead of judicial appraisal for its participants' realization of intrinsic value in opportunistically priced but carefully negotiated buyouts. See:

December 21, 2017 Forum Report

 Reconsidering Appraisal Rights for Long Term Value Realization

 

 

Forum reference:

Judicial views of public purpose and capital markets foundations of stockholder rights to appraisal of fair value

 

For related commentary by the CLS Blue Sky Blog editor who conducted the interview linked below, see

 

Source: Columbia Law School CLS Blue Sky Blog, May 12, 2014 posting
 

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