Articles Posted in Minority Shareholder Oppression

Key Takeaways: Minority shareholders in closely held corporations may face a challenge to their investment due to their lack of control over company decisions. Legal protections do exist to safeguard their interests, including rights to financial information, fair treatment, and avenues for relief in cases of oppression. State laws vary,…

Shareholder Disputes in closely held corporations are common and often arise from voting deadlocks, financial disagreements, and claims of minority shareholder oppression. New York law provides several legal remedies, including dissolution proceedings, buyouts, and derivative lawsuits. Preventative measures, such as well-drafted shareholder agreements, can…