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IN RE APPRAISAL OF PETSMART, INC.

Consolidated C.A. No. 10782-VCS.

In re Appraisal of Petsmart, Inc.

Court of Chancery of Delaware.

Decided: May 26, 2017.

Attorney(s) appearing for the Case

Stuart M. Grant, Esquire , Nathan A. Cook, Esquire , Kimberly A. Evans, Esquire , and Joseph L. Christensen Esquire , of Grant & Eisenhofer P.A., Wilmington, Delaware, Attorneys for Petitioners.

Gregory P. Williams, Esquire , Brock E. Czeschin, Esquire , John D. Hendershot, Esquire , Robert L. Burns, Esquire , Sarah A. Clark, Esquire , and Matthew D. Perri , Esquire of Richards , Layton & Finger, P.A., Wilmington, Delaware, and Theodore N. Mirvis, Esquire , Rachelle Silverberg, Esquire , Adam M. Gogolak, Esquire , Adam D. Gold, Esquire , and Joshua J. Card Esquire , of Wachtell, Lipton, Rosen & Katz, New York, New York, Attorneys for Respondent PetSmart, Inc.

MEMORANDUM OPINION

I would not be the first to observe that the trial of an appraisal case under the Delaware General Corporation Law presents unique challenges to the judicial factfinder.1 The petitioner bears a burden of proving the "fair value" of his shares; the respondent bears...

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