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Appraising Appraisal: An Overview of the Model Business Corporation Act’s New Provisions, How They Differ from Delaware, and Practice Tips

David M Silk, Megan W Shaner, R Daniel Witschey Jr, and Mark J Gentile

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The appraisal provisions of the Model Business Corporation Act were significantly amended in December 2024. Practitioners dealing with targets incorporated in Model Act states may be surprised by the differences with Delaware in the availability of appraisal and related procedures. The program will note key changes made by the Model Act amendments, contrast those with the DGCL and the prior Model Act, and discuss some tips for transactions subject to the Model Act.

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