Delaware Business Litigation Report

Court Of Chancery Permits Partial Settlement Of Appraisal Case

Mannix v. Plasmanet, Inc., C.A. No. 10502-CB (July 21, 2015)

This decision permits non-appearing dissenters to settle their appraisal claims over the objection of the appraisal petitioner.  This right is limited, however, to the non-appearing former stockholders and should not be read as permitting appearing stockholders to settle out.

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