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LSDefine

Simple English definitions for legal terms

appraisal remedy

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A quick definition of appraisal remedy:

Appraisal remedy: When a company wants to do something big, like merge with another company, some shareholders might not agree with the decision. In this case, those shareholders have the right to ask a judge to decide how much their shares are worth. The company then has to buy back those shares at the price the judge decides. This is called the appraisal remedy, and it's a way for shareholders to protect their investment if they don't agree with what the company is doing.

A more thorough explanation:

Definition: Appraisal remedy is a legal right given to shareholders of a corporation who disagree with a major corporate decision, such as a merger or acquisition. This right allows shareholders to have their shares evaluated by a court-appointed appraiser and demand that the corporation buy back their shares at the appraised value.

Examples:

  • When Company A decides to merge with Company B, some shareholders may not agree with the decision. These shareholders can exercise their appraisal remedy and demand that their shares be bought back at the appraised value.
  • If a corporation decides to sell a significant portion of its assets, shareholders who oppose the decision can use the appraisal remedy to have their shares evaluated and demand a buyback at the appraised value.

These examples illustrate how the appraisal remedy works in practice. Shareholders who disagree with a major corporate decision can use this legal right to protect their investment and ensure that they receive fair compensation for their shares.

apposite | appraisal trinity

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@RasheedWallaceFan: yeah for some reason SMU isnt listed on any of the rankings lists. Been that way all year
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You'll forever have those days where shit ain't getting done. Just a matter of how you handle them. (IE using Chatgpt to draft a motion for leave like meeeee)
NosyBeagle
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look at my lawyer dawg... im going to jail
Nah, I don't use it to do my case law. Just the actual motion drafting.
For example, I was trying to get the right language in a Motion for Sanctions (tl;dr slip and fall case, defense counsel played nothing but games – IE never sending records despite it being mandatory to trcp, producing never before seen records DURING A DEPO) and just talked to ChatGPT about his behavior to provide background to help with the drafting for the procedural paragraph.
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Can i get accommodations for mid test 2 hour nap
I mean, i have sadhd
15:34
you could get accommodations for the schizoaffective disorder you clearly have
NosyBeagle
15:53
a two hour nap in between sections would be great for me
ronniedoeslaw
15:58
LSAT isn’t horrible you just have to lock in really hard for 2 hours and expect to be exhausted the rest of the day mentally
16:30
ugh i hit this lady w my car
16:31
well i hit her car and the cops said there's no damage but she says there is should i call my insurance what u think lawyers
real quick question. How much do early applications matter? I have super strong softs and an ok LSAT score of 160. GPA wasn't great at 3.33. I applied in late march and I have been rejected everywhere so far
16:58
late march is way too late
16:58
early doesn’t matter but before thanksgiving matters
ronniedoeslaw
16:59
Have you used the LSAC search for schools link? It helps a lot letting you know the probability of acceptance.
I mean early early might be overblown but dont apply if you are applying in march
does anyone know how many questions they typically ask for the UT recorded interview
20:21
has anyone been accepted off of the waitlist for New England yet?
ronniedoeslaw
20:36
No yet for me, I was waitlisted on Monday
ronniedoeslaw
20:36
Not *
[deleted by esoterica]
don't be a dick bro
ronniedoeslaw
14:19
Foreal
ronniedoeslaw
14:20
The name says it all lol
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