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· 7/1/1999

Onti, Inc. v. Integra Bank

Citations

  • 751 A.2d 904

How courts have described this case

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

  • stating that valuation using assets at highest use is consistent with case law interpreting appraisal statute
  • stating that minority shareholders could not be deprived of the development value of undeveloped '‘cornfields” in a cash-out merger based on the majority shareholder’s argument that a transaction would not occur without cashing out the minority
  • applying discount to market value of shares because shareholders were restricted in their ability to sell shares under Securities and Exchange Commission Rule 144
  • discussing the need to include value for a company’s development plans in order to prevent the majority stockholder from unfairly denying the minority any value by unfairly timing the merger
  • considering stock price by valuing the shares at a discount to that price to ―factor in this limited market for the shares‖
  • considering stock price by valuing the shares at a discount to that price to ―factor in this limited market for the shares‖

Source: CourtListener parenthetical corpus (CC0).

Judges: Chandler

Read full opinion on CourtListener

Sourced from CourtListener / Free Law Project (CC0).

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.