SV Investment Partners v. Thoughtworks, Inc.

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September 8, 2010

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7372 Prepackaged Software
511210 Software Publishers
securities litigation
SV Investment Partners v. Thoughtworks, Inc.
2010 WL 4547204 (Del. Ch.)
US
State Court
Delaware
Court of Chancery
Laura Stamm
Laster

Summary

Delaware Chancery finds that “funds legally available” for corporate stock redemption requires more than calculating a balance sheet surplus valuation.
SV Investment Partners v. Thoughtworks, Inc.
PDF, Size: 109 KB

See Also

Stock Redemption Rights Turn on More Than Finding Balance Sheet Surplus

Legal and Court Case Update
February 2011

Delaware Chancery finds that “funds legally available” for corporate stock redemption requires more than calculating a balance sheet surplus valuation.

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