Vice Chancellor J. Travis Laster, Delaware Court of Chancery. Courtesy photo. Shareholders May Challenge Corporate Conversion From Delaware on Fairness Grounds
Vice Chancellor J. Travis Laster said the doctrine of entire fairness applies and TripAdvisor shareholders have adequately pleaded a claim that a conversion would affect the value of their investments.
February 20, 2024 at 04:15 PM
3 minute read
TripAdvisor shareholders may continue with their case challenging the company's conversion from Delaware to Nevada, Vice Chancellor J. Travis Laster decided Tuesday.
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