Chancery Endorses Share Tracing In Dell

Law360, New York (August 23, 2016, 10:49 AM EDT) -- After a string of Delaware decisions that have been widely interpreted as rejecting a share-tracing requirement in appraisal proceedings involving public companies, the Delaware Court of Chancery recently denied petitioners' appraisal claims on the grounds that evidence showed the petitioners' shares were voted in favor of the merger. The court's May 11 decision in In re: Appraisal of Dell Inc., C.A. No. 9322-VCL, is one of a number of recent developments that may help curtail the growth of the appraisal arbitrage industry.

Absence of Share Tracing Under DGCL Section 262 and Transkaryotic

Delaware's appraisal statute, Section 262 of the Delaware General...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!