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: Delaware Business Litigation ReportCourt Of Chancery Enforces Stockholder Representative Agreement
By Edward M. McNally
Aveta Inc. v. Bengoa, C.A. 5074-VCL (September 20, 2010)
In this continuation of a long saga, the Court held that when a stockholder representative is designated to act for the stockholders in calculating a post merger adjustment, then the stockholders are stuck with what their representative does. Big surprise.
Full post as published by Delaware Business Litigation Report on September 20, 2010 (boomark / email).
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