appraisal remedy

appraisal remedy. The statutory right of corporate shareholders who oppose some extraordinary corporate action (such as a merger) to have their shares judicially appraised and to demand that the corporation buy back their shares at the appraised value. — Also termed appraisal right; dissenters’ right; right of dissent and appraisal. [Cases: Corporations 182.4(5), 584. C.J.S. Corporations §§ 348, 799–801.]

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词条贡献者

译者Kevin，毕业于亚洲顶尖的法学院，擅长翻译各种与国际贸易委员会诉讼 相关的法律文件。