In Manti Holdings, LLC v. Authentix Acquisition Co., Inc., the Delaware Supreme Court affirmed the Court of Chancery’s decision to enforce a waiver of appraisal rights included in a.
This quarter’s issue includes summaries and associated court opinions of selected cases decided in August and September 2021. Appraisal Rights - Delaware Supreme Court.
The Delaware Supreme Court recently decided that an agreement (sometimes referred to as a “drag along”) to waive prospectively statutory appraisal rights is fully enforceable against.
Appraisal rights (sometimes called "dissenters' rights" in other jurisdictions) are a feature of the corporation law of the state in which a company is incorporated.
Delaware Supreme Court recently decided that an agreement aka a drag along to waive prospectively statutory appraisal rights is fully enforceable against the common stockholders. see Manti Holdings, LLC et al. v. Authentix Acquisition Company, Inc.