Delaware Chancery Orders Disclosure of Nonexpert Internal Valuations

Business Valuation UpdateVol. 21 No. 3
Legal and Court Case Update
March 2015

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2033 Canned Fruits, Vegetables, Preserves, Jams, and Jellies
311421 Fruit and Vegetable Canning
shareholder dissent/oppression
expert testimony, admissibility, appraisal, discovery, dissenting shareholder, evidence, merger, statutory appraisal, stock value, valuation
In re Dole Food Co. (Dole I)
114 A.3d 541; 2014 Del. Ch. LEXIS 258
December 9, 2014
US
State Court
Delaware
Court of Chancery
n/a (petitioners); n/a (defendant)
Laster

Summary

In discovery dispute over prelitigation valuation-related information, Chancery orders dissenting shareholders to disclose internal assessments of stock value finding information likely is admissible reflecting “real-world” opinion of “astute” investors.

See Also

In re Dole Food Co. (Dole I)

Full Text of Court Cases
December 9, 2014

In discovery dispute over prelitigation valuation-related information, Chancery orders dissenting shareholders to disclose internal assessments of stock value finding information likely is admissible reflecting “real-world” opinion of “astute” investors.