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

资深译员筠怡，国际知名法学院民商法专业，专注翻译各种与商业和侵权诉讼有关的法律文件。