Video
Feb. 15, 2014
VIDEO: Can shareholders unscramble common-control mergers?
The conclusion reached by an appellate court in a recent case undermines the basis for the enactment of appraisal statutes and ultimately raises more questions than it answers. By Moshe Kupietzky and Natasha Johnson
Busse v. United Panam Financial Corp., 2014 DJDAR 263 (Jan. 8, 2014), a recent decision handed down by the 4th District Court of Appeal, is a case of first impression that raises issues and potential problems for related-party mergers involving California corporations and "pseudo-California" corporations. The court interpreted California Corporations Code Section 1312(b) - which applies when one of the p...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In