Union Illinois 1995 Investment Limited Partnership v. Union Financial Group, Ltd.

BVLaw
Full Text of Court Cases
January 5, 2004
6021 National Commercial Banks
shareholder dissent/oppression

Union Illinois 1995 Investment Limited Partnership v. Union Financial Group, Ltd.
2003 Del. Ch. LEXIS 136
US
State Court
Delaware
Court of Chancery
David Clarke, Michael G. Mayer

Summary

This is an appraisal action in which shareholders who are all affiliated with the O’Brien family seek a determination of the fair value of their shares in Union Financial Group, Ltd. (“UFG”). The O’Brien family controlled approximately 38% of UFG’s stoc ...
Union Illinois 1995 Investment Limited Partnership v. Union Financial Group, Ltd.
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See Also

Arm’s-Length Merger Price Less Synergies Equals Fair Value

The issue in this case was the fair value of the shares of a bank holding company for purposes of appraisal rights following a merger.