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  Two stockholders (one for each of the Companies) challenged the conversions, arguing they were self-interest transactions that were not entirely fair to minority stockholders because the conversions gave the Controlling Stockholder and other insiders a non-ratable benefit by allegedly reducing defendants’ exposure to liability. [read post]
12 Feb 2024, 4:04 am by Peter J. Sluka
  But the Court was also called to review, subject to the entire fairness standard, the end-stage transaction that eliminated the interests of the minority shareholders. [read post]
3 Mar 2024, 9:01 pm by renholding
”  The controller thus faces potential liability for monetary damages unless he can prove at trial that the conversion was substantively and procedurally fair to the minority. [read post]
23 Nov 2010, 2:08 pm
Information or documentation showing an ownership or leasehold interest in the property. ? [read post]
1 Dec 2010, 12:42 pm by Ruck DeMinico
Information or documentation showing an ownership or leasehold interest in the property. [read post]
9 May 2023, 9:01 pm by renholding
Or does the nominee intend to serve as a faithful representative of an activist stockholder or a special interest group (favoring, for example, immediate voluntary carbon reduction or the elimination of plastic packaging)? [read post]