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Appraisal Rights Litigation Blog

Category Archives: Quasi-Appraisal

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Delaware Chancery Recognizes Quasi-Appraisal Remedy, But Stockholders Here Were Too Late

Posted in Quasi-Appraisal

In last month’s decision in Houseman v. Sagerman, Vice Chancellor Glasscock addressed the common law analogue to Delaware’s appraisal rights statute – the remedy of “quasi-appraisal” for a breach of fiduciary duty.  In the November 19 opinion, the court described a long litigation history stemming from the merger of Universata, Inc., into an LLC purchaser. … Continue Reading