On October 30, 1981, the opening salvo in what became "the largest action for relief to dissenting shareholders in the judicial history of Ohio" was launched.' It took six long years for the smoke to clear, but by elucidating a theoretically and practicably cogent analysis of the Ohio appraisal statute, the Armstrong case has provided plentiful ammunition for the lower courts in Ohio to combat the inevitable onslaught of dissenting shareholders resulting from the proliferation of corporate takeovers.
Schinner, Michael G.
"Dissenting Shareholders' Statutory Right to Fair Cash Value,"
Akron Law Review: Vol. 22
, Article 1.
Available at: http://ideaexchange.uakron.edu/akronlawreview/vol22/iss3/1