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Dissenters' Rights: An Analysis Exposing the Judicial Myth of Awarding Only Simple Interest

Abstract

Recent decisions by the Delaware Supreme Court involving dissenters' rights have continued a tradition of awarding only simple interest. Although the Delaware courts possess statutory authority to award compound interest, they have continuously declined to do so with a stark lack of reasoning supporting their decisions. In direct contrast to these cases, this Note demonstrates that compound interest is necessary to fully compensate dissenting shareholders for their loss of use of money during the appraisal proceeding.

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36 Ariz. L. Rev. 515 (1994)

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Authors

David S. Reid

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