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POPE INVESTMENTS v. CHINA YIDA HOLDING

Nos. 79807, 80709.

490 P.3d 1282 (2021)

137 Nev. Adv. Opn. 33

POPE INVESTMENTS, LLC, a Delaware Limited Liability Company; Pope Investments II, LLC, a Delaware Limited Liability Company; and Annuity & Life Reassurance, Ltd., an Unknown Limited Company, Appellants, v. CHINA YIDA HOLDING, CO., a Nevada Corporation, Respondent. Pope Investments, LLC, a Delaware Limited Liability Company; Pope Investments II, LLC, a Delaware Limited Liability Company; and Annuity & Life Reassurance, Ltd., an Unknown Limited Company, Appellants, v. China Yida Holding, Co., a Nevada Corporation, Respondent.

Supreme Court of Nevada.

Filed July 8, 2021.

Attorney(s) appearing for the Case

Boies Schiller Flexner LLP and Richard J. Pocker , Las Vegas; Chasey Law Offices and Peter L. Chasey , Las Vegas, for Appellants.

Holland & Hart LLP and Joshua M. Halen and J. Robert Smith , Las Vegas, for Respondent.

BEFORE THE SUPREME COURT, PARRAGUIRRE, STIGLICH, and SILVER, JJ.

OPINION

These consolidated appeals concern whether shareholders had a right to dissent from a corporate merger and seek fair value for their shares. When a corporation executes a merger, shareholders that object may dissent and obtain payment of fair value for their shares. There is generally no right...

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