Williams sent a formal notice to its shareholders, stating that a meeting would be held to consider "[t]he authorization ... of the proposed disposition of substantially all of [its] assets" (emphasis added). In reliance thereon, petitioner chose to exercise her appraisal rights under Business Corporation Law § 910 (a) instead of, for example, seeking to enjoin the transaction. Hence, Williams is estopped from denying that it disposed of substantially all of its...
Let's get started
Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.
- Updated daily.
- Uncompromising quality.
- Complete, Accurate, Current.
