Andrews Corporate Officers and Directors Liability Reporter
December 25, 1996
Appraisal/Going Concern Rule
Copyright (c) 1996 Andrews Publications
HIGH COURT SAYS COMPOUND POST-JUDGMENT INTEREST IS EXCEPTION, BUT AVAILABLE
Cede & Co. and Cinerama v. Technicolor
Although it is the exception to the rule, a Delaware judge may award compound post-judgment interest when he reconsiders the appraisal price Ronald Perelman should have paid minority shareholders in the highly contested acquisition of Technicolor,...