United States going privateentire fairnessfair value

In re Emerging Communications Inc Shareholders Litigation

2004 WL 1305745 (Del. Ch. 2004)

JurisdictionUnited States

CourtDelaware Court of Chancery

Year2004

StatusPersuasive authority

Key Principle

A controlling stockholder going-private merger at an unfair price breaches fiduciary duties; the fair value must reflect the intrinsic worth of shares absent the squeeze-out.

Area of Law

corporate

Related Cases

Tornetta v Musk C.A. No. 2018-0408-KSJM (Del. Ch. 2024)

Slack Technologies LLC v Pirani 598 U.S. 759 (2023)

In re Tesla Motors Inc Stockholder Litigation In re Tesla Motors, Inc. Stockholder Litigation, C.A. No. 12711-VCS (Del. Ch. Apr. 27, 2022)

Ask CommonBench about this case

Get a detailed analysis of In re Emerging Communications Inc Shareholders Litigation and how it applies to your situation.

Explain In re Emerging Communications ...