Header graphic for print
Appraisal Rights Litigation Blog

Category Archives: Share-Tracing Not Required

Subscribe to Share-Tracing Not Required RSS Feed

Understanding DTCC and Share Ownership – An ABA Business Law Program

Posted in Appraisal Conditions, Continuous Holder Requirement, Share-Tracing Not Required

The ABA Business Law Section, Spring Meeting, shared this presentation, laying out some useful information regarding the Depository Trust & Clearing Corporation. The material is of particular relevance to those interested in appraisal rights; the continuous holder requirement – which requires appraisal seekers to have continuously held their stock from the time of making their… Continue Reading

Will Appraisal Benefit From Blockchain?

Posted in Appraisal Conditions, Continuous Holder Requirement, Share-Tracing Not Required

Blockchain: The idea of distributed ledger technology – usually associated with “cryptocurrency” like bitcoin – may be coming to the world of appraisal rights in the near future. As reported by Bloomberg BNA, Delaware’s legislature is considering facilitating the use of blockchain technology with respect to share ownership. As recent cases have shown, pursuit of appraisal rights… Continue Reading

Note on the Dell Entitlement Ruling

Posted in Entitlement to Appraisal, Share-Tracing Not Required, Voting Against the Merger

The Vanderbilt Law Review published this note on Vice Chancellor Laster’s disqualification of stockholders in Dell who had inadvertently voted in favor of the merger, about which ruling we’ve posted before.  This note breaks down that ruling and discusses the court’s strict requirements for appraisal procedure and its affirmation that share-tracing is not required of… Continue Reading