IBG Business

JULY 1, 2019

The Most Important Decision a Business Owner Will Ever Make. Sooner or later, as the owner of a privately held company, you are going to sell your business. The thought of it can be overwhelming and confusing. The question is how can you ensure that you receive the best price and most favorable terms with the least amount of stress? Business valuation and sales expert Richard Mowrey shows you exactly when and how to successfully sell your business through an actionable, financially rewarding ser

Business Valuation 52

Business Valuation 52

Appraisal Rights

JULY 2, 2019

According to the Cape Times, South African real estate investment trust Hospitality Property Fund (“HPF”) was recently ordered by the South African High Court to reinstate certain shareholders and pay them a dividend as the result of an appraisal rights action under Section 164 of the South African Companies Act – that country’s appraisal regime. HPF has combined two classes of its shares, which, under South African law, apparently triggered appraisal rights.

Appraisal 40

Appraisal Dividends 40

Appraisal Rights

JULY 1, 2019

Yes, in sum. The two terms are often used interchangeably in the literature. Certain countries or jurisdictions have a stronger tradition of referring to these important shareholder rights as either appraisal rights – focusing on the remedy – or dissenters rights – focusing on the entitlement. Arguably, dissenters rights may be thought of as broader than appraisal rights since dissenters rights can encompass remedies other than appraisal.

Appraisal 40

Appraisal 40