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Email The Corporation Law Section of the Delaware State Bar Association recently approved proposed legislation to amend the General Corporation Law of the State of Delaware (the “DGCL”). Among the proposed changes are amendments that would mitigate some of the risks presented by stockholder appraisal actions by barring appraisal claims that do not meet certain minimum thresholds. In addition, the proposed legislation would allow companies to limit the amount of statutory interest payable to stockholders who seek appraisal by making discretionary payments to such stockholders prior to the final value determination by a court. If adopted by the Delaware General Assembly, these amendments would apply to merger agreements entered into on or after August 1, 2016. https://www.cadwalader.com/resources/clients-friends-memos/proposed-amendments-to-the-delaware-appraisal-statute