Andra v. Blount

BVLaw
Full Text of Court Cases
March 29, 2000

Access the Full Article

This article is available with a subscription to any of these products:
Already a subscriber?  Login
This article is also available for purchase. (8,019 words)   Add to Cart >>
Need help? Contact us:
1-503-479-8200 ext 2 or sales@bvresources.com
2514 Metal Household Furniture
337124 Metal Household Furniture Manufacturing
breach of fiduciary duty
breach of fiduciary duty, tender offer
Andra v. Blount
772 A.2d 183, 2000 Del. Ch. LEXIS 56
US
State Court
Delaware
Court of Chancery
Strine

Summary

Issue was whether a minority stockholder with appraisal rights could pursue claim that back-end merger price was rendered unfair by the defendants' breaches of fiduciary duty.

See Also

Minority Shareholder Has No Standing to Challenge Disclosures, Can Pursue Claim for Breach of Fiduciary Duty

Legal and Court Case Update
March 29, 2000

This case involves a tender offer/back-end merger the defendants initiated.