Refine your search

2 results found

Ask Lexy

Yoram L Cohen Ashlagi Eshel Law Offices | Israel | 8 Feb 2012

Court rules on equity and fairness between shareholders in merger deals

In a recent judgment, an Israeli court decided that the rule of fairness and equity should prevail in mergers, and that all shareholders of a public company should be paid the same price for each share. The court ruled that deals in which one shareholder receives extra benefits have no sound background and therefore should not be approved. This bold decision may be a cornerstone for future......
Previous page 1 Next page