Adequate Disclosure of Fairness Opinion Involves Ability to Determine WhetherShareholders Agree with Subjective Reasoning of the Investment Banker

Business Valuation Update BVLaw
Legal and Court Case Update
June 7, 2007
4581 Airports, Flying Fields, and Airport Terminal Services

State Court
Delaware
Court of Chancery

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 ...

See Also

In re JCC Holding Co., Inc. Shareholders Litigation v.

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 ...