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Kelly，美国顶尖商学院国际经济法专业，擅长翻译各种与投资基金与基金顾问诉讼相关的法律文件。