Michelle Patterson's scientific contributions

Publications (4)

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State courts employ fair value as the predominant standard to determine the value of minority shares in both appraisal (also known as dissent) and oppression cases. When the courts determine the minority's share price in an appraisal or order the buy-out of an oppressed minority shareholder, the price of the award or buyout is critical for both par...
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This article discusses fairness opinions in affiliated party transactions and focuses on the following topics: what fairness opinions address, what “fairness” means, criticism of fairness opinions, Delaware law’s impact on their content and use, FINRA and SEC requirements, and valuation methods employed.
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This article discusses how the comparison of acquisition multiples (adjusted for synergies and market conditions) and market multiples can be used for determining minority discounts.
Article
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This article discusses the differing legal standards that were applied in Delaware courts to one-step and two-step mergers.