Post Tagged with: "MINORITY SHAREHOLDER OPPRESSION"

SUPPRESSING MINORITY SHAREHOLDER OPPRESSION

PETER J. HORNE A varied landscape exists for the treatment of aggrieved minority shareholders in closely-held corporations. The Model Business Corporation Act provides for standard language in defining shareholder oppression. However, three competing theories – upholding fiduciary duties, preserving reasonable expectations, and enforcing strict contract rights – have been employed […]

Read More