- Jurisdiction
- Texas
Jurisdiction appears to be Delaware (DE):
Question: If Corp. A proposed a merger with Corp. B and per terms of agreement, shareholder(s) of Corp. B are entitled to a cash distribution, is the shareholder still entitled to cash/stock benefits of merger if represented by law firm (which is challenging terms of merger)? If shareholder is represented prior to closing of merger, can shareholder abstain from lawsuit (last minute) in order to be awarded/collect said cash distribution etc.? Please explain conflict of interest, if any?
Question: If Corp. A proposed a merger with Corp. B and per terms of agreement, shareholder(s) of Corp. B are entitled to a cash distribution, is the shareholder still entitled to cash/stock benefits of merger if represented by law firm (which is challenging terms of merger)? If shareholder is represented prior to closing of merger, can shareholder abstain from lawsuit (last minute) in order to be awarded/collect said cash distribution etc.? Please explain conflict of interest, if any?
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