Insurance policy holders who, in 1996, ignored or rejected a free stock offer from Blue Cross and Blue Shield of Georgia, are two years too late, the court concluded. The stock now is potentially worth $4,000 per shareholder, if a merger is completed. The stock offer was part of the insurance giant's plan to convert from nonprofit to for-profit in 1995, a plan to which state Insurance Commissioner John W. Oxendine gave final approval.
May 03, 1999 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A deal is a deal, the Georgia Supreme Court ruled Monday.
Insurance policy holders who, in 1996, ignored or rejected a free stock offer from Blue Cross and Blue Shield of Georgia, are two years too late, the court concluded. The stock now is potentially worth $4,000 per shareholder, if a merger is completed.
Presented by BigVoodoo
Law firms & in-house legal departments with a presence in the middle east celebrate outstanding achievement within the profession.
The premier educational and networking event for employee benefits brokers and agents.
The Legal Intelligencer honors lawyers leaving a mark on the legal community in Pennsylvania and Delaware.
A large and well-established Tampa company is seeking a contracts administrator to support the company's in-house attorney and manage a wide...
We are seeking an attorney to join our commercial finance practice in either our Stamford, Hartford or New Haven offices. Candidates should ...
We are seeking an attorney to join our corporate and transactional practice. Candidates should have a minimum of 8 years of general corporat...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
