The Robins Kaplan Spotlight, Vol. 6 No. 2, Spring 2021 - Family Feud: A Cautionary Tale of the Costs, Risks, and Uncertainty of Minority-Shareholder Litigation
By EsqSocial Corporation 24/06/21
There is no shortage of ways in which parties in closely held corporations or partnerships can find themselves at odds. Those shareholders who control the majority of a company’s stock generally set the corporate strategies and make key decisions. But their rights to set that strategy and make those decisions are tempered by the fiduciary duty they hold to their other shareholders, even those in the minority. If a minority shareholder believes the majority shareholders are acting in a way that...
By: Robins Kaplan LLP