{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/claims/3017612-026",
 "identifier": "kaal:claim:3017612-026",
 "text": "Drag-along rights are likely enforceable in Delaware absent fraud or duress, because Delaware rejects the de facto merger doctrine and therefore does not trigger statutory formalities such as appraisal rights.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
 "citation": "Wulf A. Kaal, Shareholder Agreements - National Report of the United States of America (2017). SSRN: https://ssrn.com/abstract=3017612",
 "isBasedOn": {
  "@type": "ScholarlyArticle",
  "name": "Shareholder Agreements - National Report of the United States of America",
  "datePublished": "2017",
  "url": "https://ssrn.com/abstract=3017612",
  "sha256": "33821db406f92efbe1698fbaed37687595c13b7ce5463b4a879df679fd4af1ac",
  "encoding": "https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202017%20-%20Shareholder%20Agreements%20-%20National%20Report%20of%20the%20United%20States%20of%20America.pdf"
 },
 "keywords": [
  "institutional-design"
 ],
 "about": [
  "drag-along",
  "delaware",
  "appraisal-rights",
  "de-facto-merger",
  "enforceability"
 ],
 "abstract": "Absent issues of fraud or duress, it seems likely drag-along rights will be enforced for Delaware corporations.84 Because Delaware does not follow the practical merger doctrine, statutory formalities such as appraisal rights are not implicated.",
 "additionalProperty": [
  {
   "@type": "PropertyValue",
   "name": "claim_type",
   "value": "mechanism"
  },
  {
   "@type": "PropertyValue",
   "name": "confidence",
   "value": "argued"
  },
  {
   "@type": "PropertyValue",
   "name": "scope_conditions",
   "value": [
    "Delaware corporations",
    "no fraud or duress"
   ]
  },
  {
   "@type": "PropertyValue",
   "name": "is_failure_mode",
   "value": false
  },
  {
   "@type": "PropertyValue",
   "name": "attestations",
   "value": "https://wulfkaal.github.io/colloquium/attestations/f6b8cd25edb5cd988ec036a3f60ad8b47879a42f427bb60e36b9b8534941cc6e.json"
  },
  {
   "@type": "PropertyValue",
   "name": "edges",
   "value": []
  }
 ],
 "isPartOf": {
  "@id": "https://wulfkaal.github.io/claims/index.json"
 },
 "dateModified": "2026-07-27",
 "version": "1.0",
 "sha256": "f6b8cd25edb5cd988ec036a3f60ad8b47879a42f427bb60e36b9b8534941cc6e",
 "canonicalForm": "https://wulfkaal.github.io/claims/3017612-026.md"
}