# Standstill agreements

`kaal:entity:standstill-agreements`

**Status.** derived

This node is assembled mechanically from the 2 claims that carry the concept tag `standstill-agreements`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

2 claims across 1 works, 2017 to 2017.

**2017**

- [3017612-028](https://wulfkaal.github.io/claims/3017612-028) [failure/argued] *(failure mode)* -- Standstill agreements defraud shareholders who are not parties to them in two distinct ways: by violating the shareholder's right to the best available merger or transaction and by discouraging unsolicited tender offers in which a significant control premium could be realized.
  > standstill agreements defraud shareholders not privy to the agreement in two ways: (1) by violating a shareholder's right to the best available merger or transaction, and (2) by discouraging unsolicited tender offers where a significant control premium can be realized.
  Wulf A. Kaal, Shareholder Agreements - National Report of the United States of America (2017). SSRN: https://ssrn.com/abstract=3017612
- [3017612-029](https://wulfkaal.github.io/claims/3017612-029) [failure/argued] *(failure mode)* -- Standstill agreements entrench management and can lead a company into stagnation, so they may operate prejudicially on shareholders' property rights.
  > These agreements tend to entrench management and can lead to stagnation for the company, so they sometimes "operate prejudicially upon" shareholders' property rights.
  Wulf A. Kaal, Shareholder Agreements - National Report of the United States of America (2017). SSRN: https://ssrn.com/abstract=3017612

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/standstill-agreements.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.