Court of Chancery of Delaware July 6, 2001, C.A. 15734-NC (Allenson v. Midway Airlines Corp.)

OPINION

JACOBS, Vice Chancellor.

This is the decision of the Court, after a trial based on stipulated facts, adjudicating the merits of this statutory appraisal proceeding. The parties present a single issue that arises out of the core facts next summarized.

The corporation that is the subject of this appraisal is in dire financial condition.