Court of Chancery of Delaware

In a dispute over the appropriate prejudgment interest rate to be applied following the court's monetary award as a remedy for a breach of an equitable duty, the court declines to award interest at a legal rate fixed by reference only to the rate at the time of a merger, and instead a blended rate based on the legal rate as it has varied from time to time since the merger will be applied.

Appellate Information

• Decided 06/23/2006
• Published 07/07/2006

Judges

Court

• Court of Chancery of Delaware

Counsel