In Re Best Lock Corp. Shareholder Litigation

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that the rule in Bershad precluded recovery in a minority squeeze out transaction
• holding that isolated misstatement contradicted by information statement when read as a whole was not material
• considering acquiescence in the context of a corporate transaction and describing the need to show “unequivocal approval” of the transaction
• “Delaware courts have held repeatedly that a board need not disclose specific details of the analysis underlying a financial advisor‟s opinion.”
• “Majority shareholders who elect to freeze out minority shareholders should not be made better off by choosing to forego protective structural mechanisms. . . . [A]cquiescence (or ratification implied from the actions of shareholders
• “Majority shareholders who elect to freeze out minority shareholders should not be made better off by choosing to forego protective structural mechanisms. . . . [A]cquiescence (or ratification implied from the actions of shareholders

Source: CourtListener parenthetical corpus (CC0).