Case Law Summaries

Kentucky – Federal Court Jurisdiction Over Dissenters’ Rights Action

KentuckyHenly Mining v. Parton, 6:17-cv-00092, decided March 5, 2019. The U.S. District Court in Kentucky ruled that it could hear an action to determine the fair value of a corporation’s stock under the Kentucky dissenters’ rights statute after weighing the federal court’s interest versus Kentucky’s interest. Therefore, it was error to abstain under the Burford doctrine.

Questions? We can help.

Have a specific question about a product? A CT Specialist will follow up with a custom quote along with a comprehensive assessment of your needs.