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11 Dec 2023, 4:54 am
” Examples of other cases granting injunctions to restrain dilution or elimination of equity interests and associated rights outside of the cash-out merger context include the following: Spivak v Bertrand, 147 AD3d 650 [1st Dept 2017] [“Without the preliminary injunction, plaintiff will be irreparably harmed, since his shares . . . will be automatically transferred . . . and he will be stripped of his voting power and decision-making rights”]; Datwani… [read post]