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LSDefine

Simple English definitions for legal terms

dissent and appraisal, right of

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A quick definition of dissent and appraisal, right of:

The right of corporate shareholders to oppose certain major corporate actions, such as a merger, and have their shares evaluated by a court-appointed appraiser. This is also known as the appraisal remedy, dissenters' right, or right of dissent and appraisal. If the appraised value is agreed upon, the corporation must buy back the shares at that price.

A more thorough explanation:

Definition: The right of corporate shareholders to have their shares judicially appraised and demand that the corporation buy back their shares at the appraised value if they oppose some extraordinary corporate action, such as a merger. This is also known as the appraisal right, dissenters' right, or right of dissent and appraisal.

Example: If a corporation decides to merge with another company, a shareholder who opposes the merger can exercise their right of dissent and appraisal. They can have their shares appraised by a court and demand that the corporation buy back their shares at the appraised value.

Explanation: This means that shareholders who disagree with a major decision made by the corporation, such as a merger or acquisition, have the right to have their shares appraised and sold back to the corporation at a fair price. This protects the shareholders from being forced to remain invested in a company they no longer support.

dissensus | dissenters' right

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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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