George Hickey and Tim McAnally, Principals and M&A Litigation Practice Co-Leaders, discuss appraisal rights, with a particular focus on their application in the Cayman Islands.

Appraisal rights allow shareholders to dissent from a merger and seek a court's determination of the value of their shares. George and Tim focus on two jurisdictions, Delaware and the Cayman Islands, as well as how the courts determine the fair value of dissenter shares.

As George and Tim dive deeper into the topic, they shed light on the definition of fair value, the growth of appraisal litigation in the Cayman Islands, and the reasons why shareholders choose to dissent.