Appraisal Rights

DECEMBER 24, 2019

Stewart Investors, an asset manager focused on the equity of companies in emerging markets, has a policy to vote “for proposals to restore, or provide shareholders with, rights of appraisal.” Like with many other investors, Stewart also says that it will vote for mergers on a case by case basis, consistent with the idea that it supports appraisal rights and acknowledges that not every merger proposal is in the best interests of shareholders.

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Appraisal Rights

DECEMBER 23, 2019

Law360 highlights several appraisal decisions in its list of the biggest Delaware cases of 2019. The article notes that among the 2019’s notable Supreme Court decisions was Aruba Verition Partners Master Fund Ltd. et al. v. Aruba Networks Inc. , where the Court rejected reliance on Aruba’s stock price in determining fair value. The article also mentions two major decisions from the Delaware Court of Chancery – In re: Appraisal of Jarden Corp. , and In re: Appraisal of Columbia Pipeline Group In

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