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Fisher v. Tails, Inc.
140444 Fisher v. Tails, Inc. 01/08/2015 Virginia law allowed a Virginia corporation to change its state of incorporation to Delaware under Code § 13.1-722.2(B), and its domestication as a Delaware corporation …
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140444 Fisher v. Tails, Inc. 01/08/2015 Virginia law allowed a Virginia corporation to change its state of incorporation to Delaw…
- Court
- Supreme Court of Virginia
- First seen
- Oct 4, 2026
- Last entry
- Jan 8, 2015
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140444 Fisher v. Tails, Inc. 01/08/2015 Virginia law allowed a Virginia corporation to change its state of incorporation to Delaware under Code § 13.1-722.2(B), and its domestication as a Delaware corporation prior to a sale of assets did not entitle minority shareholders to appraisal rights under Code § 13.1-730(A). Once the corporation changed its domicile to the state of Delaware, that state's law governed the shareholders' entitlement to appraisal rights, and Delaware law does not provide appraisal rights upon the sale of corporate assets. In addition, even assuming that Virginia corporation law allows consideration of the step transaction doctrine and the substance over form doctrine a…
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