Berens v. Ludwig

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February 13, 1997

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6021 National Commercial Banks
522110 Commercial Banking
shareholder dissent/oppression
investment value, delaware block rule
Berens v. Ludwig
953 F. Supp. 249, 1997 U.S. Dist. LEXIS 1551
US
Federal Court
Illinois
United States District Court
Alesia

Summary

At issue is the plaintiff's claim that the comptroller's, the defendant, appraisal of his stock in a bank was conducted in an arbitrary and capricious manner and the appraisal should be set aside.

See Also

Dissent Case Cites Delaware Law But Applies Its Own Interpretation

Legal and Court Case Update
April 1997

A bank consolidation gave rise to minority stockholders' appraisal rights, which Berens exercised.