Court of Chancery of the State of Delaware,
C.A. No. 2019-0736-JTL,
Decided January 12, 2023
In this breach of fiduciary duty case, the court
determined that the defendant had utilized a
low ball appraisal for a Share
Withdrawal. The appraisal was low ball
due, in part, to a questionable increase
in the discount rate from 13% to 33%.
Note: Full-text of this case can be accessed by clicking
on the name of the case.
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