Delaware Chancery Orders Disclosure of Nonexpert Internal Valuations

Business Valuation UpdateVol. 21 No. 3
Legal and Court Case Update
March 2015
2033 Canned Fruits, Vegetables, Preserves, Jams, and Jellies
311421 Fruit and Vegetable Canning
dissenting shareholder
expert testimony, admissibility, appraisal, discovery, dissenting shareholder, evidence, merger, statutory appraisal, stock value, valuation

In re Dole Food Co. (Dole I)
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)

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.