Summary
The Delaware Court of Chancery determined that the company, in its proxy statement, fairly disclosed the fairness opinion obtained from its investment banker. In doing so it noted that enough information was disclosed regarding the fairness opinion that t ...
In re JCC Holding Co., Inc. Shareholders Litigation v.
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See Also
Adequate Disclosure of Fairness Opinion Involves Ability to Determine WhetherShareholders Agree with Subjective Reasoning of the Investment Banker
The Delaware Court of Chancery determined that the company, in its proxy statement, fairly disclosed the fairness opinion obtained from its investment banker. In doing so it noted that enough information was disclosed regarding the fairness opinion that t ...