Sat.Jul 06, 2019 - Fri.Jul 12, 2019

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Delaware Chief Justice Strine to Retire From the Bench

Appraisal Rights

Chief Justice of the Delaware Supreme Court Leo Strine has announced he will retire this fall. Readers of the blog will recognize that Chief Justice Strine has been involved in numerous appraisal decisions including Aruba and others and has spoken about the appraisal remedy at length. The Chief Justice was previously a Vice Chancellor , before his elevation to the Delaware Supreme Court.

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Focus on Texas Appraisal

Appraisal Rights

Texas recently forayed into appraisal by applying its statute to a corporation’s plan of merger. Subchapter H of Chapter 10 of the Texas Business Organizations Code provides that a voting shareholder of a for-profit corporation who dissents to a plan of merger is entitled to “obtain the fair value of [its] ownership interest through an appraisal.” TEX.