Delaware Insider: Court of Chancery Orders a “Fairer Price” Based on Controller's Malfeasance

Where a controlling stockholder's fraud or bad faith vitiates a going-private sale process, minority stockholders are entitled not just to a fair price, but to a “fairer price.” This article discusses the recent decision by the Delaware Court of Chancery in In re Dole Food Company, Inc.

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Veröffentlicht in:Business law today 2015-09, p.1-2
Hauptverfasser: Cline, Joanna J., Levine, James H.S., Chuff, Christopher B.
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description Where a controlling stockholder's fraud or bad faith vitiates a going-private sale process, minority stockholders are entitled not just to a fair price, but to a “fairer price.” This article discusses the recent decision by the Delaware Court of Chancery in In re Dole Food Company, Inc.
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source HeinOnline Law Journal Library; Business Source Complete; JSTOR Archive Collection A-Z Listing; EZB-FREE-00999 freely available EZB journals
subjects Bad faith (Law)
Breach of trust
Business structures
Chancellors
Chancery courts
Commercial law
Departments
Fraud
Laws, regulations and rules
Leveraged buyouts
Litigation
Securities fraud
Shareholders
Specialized committees
Stock prices
Stock shares
title Delaware Insider: Court of Chancery Orders a “Fairer Price” Based on Controller's Malfeasance
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