647 research outputs found

    Appraisal Confusion: The Intended and Unintended Consequences of Delaware\u27s Nascent Pristine Deal Process Standard

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    In a merger, shareholders who believe the consideration being offered is too low have a statutory right to seek fair value for their shares through a judicial process called appraisal. In recent years, there has been an explosion in the number of appraisal actions leading some to argue that the remedy was being abused. In this Article, we argue that a recent line of cases by the Delaware Supreme Court that places heavy reliance on merger price as part of the judicial determination of fair value in appraisal proceedings is misguided and may lead to unintended consequences. Rather than rely on merger price in the determinations of fair value for publicly traded companies, courts should either eliminate the appraisal remedy for publicly traded corporations altogether or look to the unaffected stock market price of merger targets

    Network meta-analysis of diagnostic test accuracy studies identifies and ranks the optimal diagnostic tests and thresholds for healthcare policy and decision making

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    Objective: Network meta-analyses have extensively been used to compare the effectiveness of multiple interventions for healthcare policy and decision-making. However, methods for evaluating the performance of multiple diagnostic tests are less established. In a decision-making context, we are often interested in comparing and ranking the performance of multiple diagnostic tests, at varying levels of test thresholds, in one simultaneous analysis. Study design and setting: Motivated by an example of cognitive impairment diagnosis following stroke, we synthesized data from 13 studies assessing the efficiency of two diagnostic tests: Mini-Mental State Examination (MMSE) and Montreal Cognitive Assessment (MoCA), at two test thresholds: MMSE <25/30 and <27/30, and MoCA <22/30 and <26/30. Using Markov Chain Monte Carlo (MCMC) methods, we fitted a bivariate network meta-analysis model incorporating constraints on increasing test threshold, and accounting for the correlations between multiple test accuracy measures from the same study. Results: We developed and successfully fitted a model comparing multiple tests/threshold combinations while imposing threshold constraints. Using this model, we found that MoCA at threshold <26/30 appeared to have the best true positive rate, whilst MMSE at threshold <25/30 appeared to have the best true negative rate. Conclusion: The combined analysis of multiple tests at multiple thresholds allowed for more rigorous comparisons between competing diagnostics tests for decision making

    Amicus Brief: Koshy v. Sachdev

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    UV-Incorporated Sanitation Lining for Disinfection of Carpentry tools in Grade Schools

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    This project will focus on the issues caused by a pandemic, particularly, sanitation issues and difficulties in a public area. After a considerable amount of research, it became evident that current sanitation methods are time inefficient, not always effective and wasteful. There are numerous misconceptions on how these methods work and skepticism of the products themselves. The pandemic caused by COVID-19 is an extremely relevant issue that has affected schools, hospitals and other high traffic areas. This project will focus on K-12 grade schools that struggle with quick, easy and effective cleaning methods in between and after class. We aim to achieve a method or product that is safe, adaptable, reduces the spread of infection, eco-friendly and affordable. The FDA approved design process will be followed for the length of this project. Our project will include working with teachers at the local Massillon middle school and doctors/nurses from local Akron hospitals. We will also be testing and verifying our solution throughout the course of this project

    First Impressions - Somersworth NH 2017

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