This newest piece from Law.com [$$] analyzes the most recent appraisal decision from the Delaware Chancery Court, Regal Entertainment Group, in which the court awarded stockholders a 2.6% premium to merger price. The valuation determination followed from the court’s pegging
Rolnick Kramer Sadighi LLP
Rolnick Kramer Sadighi LLP is a law firm specializing in strategic litigation solutions for the investment management sector. The firm focuses on complex legal issues including securities opt-out and structured finance litigation, creditor and debtholder rights, valuation litigation, shareholder rights, mergers and acquisitions, and activist litigation. Its publications often analyze case law developments, statutory interpretations, and practical implications of appraisal rights and valuation methodologies, particularly in Delaware and other jurisdictions. The firm provides insights into legal strategies and evolving jurisprudence affecting minority shareholder protections, merger valuations, and litigation tactics within corporate and financial contexts. Its content is aimed at legal professionals and stakeholders involved in investment management and corporate litigation.
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https://rksllp.com
Latest from Rolnick Kramer Sadighi LLP - Page 5
Cannabis Valuation: Some Stops On the Road to Legalization
By Steve Hecht
Global X, an ETF provider, provided this thorough but succinct survey highlighting the progress toward cannabis legalization in U.S. states.; this is part 1 of a 3-part series, so more to come. As we’ve noted before, cannabis…
Revisiting Deference to So-Called “Market Price” In Appraisal Litigation
By Steve Hecht
This recent piece from Forbes provides an interesting look into how Michael Dell scored a huge windfall by opportunistically taking Dell private while the stock was undervalued. Although the Delaware trial court had acknowledged a valuation much higher than the…
CannaLaw: Final Day & What’s Next?
By Steve Hecht
Cannalaw Conference Wrap-up: What’s Next for Marijuana?
The conference closed with a look ahead to the future of the cannabis industry, patent issues, and emerging psychedelic market. What will we see with regards to patent enforcement? Only two cannabis…
CannaLaw: Valuation of Cannabis Targets
By Steve Hecht
The M&A panel at yesterday’s Cannalaw conference addressed what valuation techniques are being used to determine the purchase price of a marijuana company. While in recent years the traditional valuation metrics would normally be utilized – whether multiples of sales,…
CannaLaw Day 2: Additional Panels on Issues in Cannabis Law
By Steve Hecht
Financial Inclusion: Banking in the Legal Cannabis Industry
The panel focused on the challenges of cannabis banking, including availability, compliance issues and whether the proposed Safe Banking Act will pass. The major problem that large banks face is not…
CannaLaw Summit: Day 1
By Steve Hecht
RKS is covering the the Cannalaw Summit, a conference covering a range of topics including cannabis valuation. Beyond the newest US states to legalize recreational cannabis use, Mexico is proceeding with legalization steps in what observers said could become “the…
VC Kathaleen McCormick Nominated as Next Del. Chancellor
By Rich Bodnar
The Governor of Delaware has nominated Vice Chancellor Kathaleen McCormick to the post of Chancellor (the ‘chief judge’ of the Delaware Chancery Court). The nomination is to replace retiring Chancellor Andre Bouchard.
Steve Hecht of Rolnick Kramer Sadighi…
Guest Post: Malaysia – No Appraisal Right, Only Dissenting Right in Compulsory Acquisition
Like certain U.S. states, the country of Malaysia does not give dissenting shareholders any right to appraisal of the value of their shares. Instead, the Malaysian Capital Markets and Services Act of 2007 (“Act”) provides that in a “compulsory acquisition,”…
Cannabis Valuation Space Becoming “Smoking Hot”
By Steve Hecht
In this new post, major asset manager Alger spotlights the growing cannabis sector and underscores investors’ opportunities alongside increased public support and favorable legislative changes.
For more on factors affecting cannabis business valuation, including regulatory changes and legalization pushes,…