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LSDefine

Simple English definitions for legal terms

appraisal remedy

Read a random definition: latitat

A quick definition of appraisal remedy:

Appraisal remedy: When a company wants to do something big, like merge with another company, some shareholders might not agree with the decision. In this case, those shareholders have the right to ask a judge to decide how much their shares are worth. The company then has to buy back those shares at the price the judge decides. This is called the appraisal remedy, and it's a way for shareholders to protect their investment if they don't agree with what the company is doing.

A more thorough explanation:

Definition: Appraisal remedy is a legal right given to shareholders of a corporation who disagree with a major corporate decision, such as a merger or acquisition. This right allows shareholders to have their shares evaluated by a court-appointed appraiser and demand that the corporation buy back their shares at the appraised value.

Examples:

  • When Company A decides to merge with Company B, some shareholders may not agree with the decision. These shareholders can exercise their appraisal remedy and demand that their shares be bought back at the appraised value.
  • If a corporation decides to sell a significant portion of its assets, shareholders who oppose the decision can use the appraisal remedy to have their shares evaluated and demand a buyback at the appraised value.

These examples illustrate how the appraisal remedy works in practice. Shareholders who disagree with a major corporate decision can use this legal right to protect their investment and ensure that they receive fair compensation for their shares.

apposite | appraisal trinity

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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