Shareholders, Corporate Dissolution, Shareholder Litigation

Shareholders' relief for unfair prejudice in the BVI and the Cayman Islands

Walkers on 3/12/2025

The BVI and the Cayman Islands both have regimes in place to address unfair prejudice suffered by shareholders, although each jurisdiction approaches the issue differently. The threshold for successfully bringing an...more

Navigating Disputes Within Your Health Care Practice

Roetzel & Andress on 2/27/2025

Disputes among partners or shareholders can have a significant impact on a healthcare practice. On this week's HealthLawHotSpot, host and Roetzel attorney Ericka Adler is joined by fellow Roetzel attorney Hillard Sterling to...more

Luxembourg case law briefing – corporate law highlights - 2023 Edition

A&O Shearman on 10/18/2023

We are very pleased to present the third edition of our Luxembourg corporate law-focused case law briefing. In this edition, we are focusing on the 2022 calendar year rulings we identified to be the most relevant for...more

Alleged Corporate Murder Merits A Jury Trial

Allen Matkins on 9/8/2022

The California Constitution declares that trial by jury is an "inviolate right" that "shall be secured to all". Cal. Const. Art. I, §16. Despite this expansive language, this right in the civil context is generally limited...more

Actions Against Shareholders Of Dissolved Corporations (Part III)

Allen Matkins on 8/17/2021

Today's post follows up on two prior posts addressing actions by creditors of dissolved corporations. This post discusses the non-applicability of Chapter 5 of the California General Corporation Law to proceedings for...more

Resignation: Antidote for Internal Dissention and Deadlock?

Farrell Fritz, P.C. on 1/20/2020

There are countless New York corporations in which the owners are equal 50/50 shareholders and co-members of a two-member board. Where one sues the other for judicial dissolution, and the ground for dissolution is “deadlock”...more

Section 1800 And The Case Of The Little Shareholder That Could

Allen Matkins on 7/29/2019

Section 1800 of the California Corporations Code provides a procedure for the involuntary dissolution of a corporation. The process begins with the filing of a verified complaint, but only those persons listed in the statute...more

Court Orders Family-Owned Business to Hold Annual Shareholder Meeting

Harris Beach Murtha PLLC on 9/26/2018

Corporate shareholders with voting shares have the right to elect a corporation’s directors. Elections typically occur at an annual shareholder meeting. ...more

Son’s Lawsuit to Dissolve Family Business Based Upon Relatives’ “Vendetta” Against Him Allowed To Proceed

Harris Beach Murtha PLLC on 9/10/2018

A judge in the Supreme Court for the State of New York recently allowed a petition for “common law dissolution” of a family-owned business filed by one shareholder to proceed despite the arguments of the other shareholders...more

And the Award For Most Oppressive Conduct By a Majority Shareholder Goes to . . .

Farrell Fritz, P.C. on 8/14/2017

Over the years I’ve litigated and observed countless cases of alleged oppression of minority shareholders by the majority. Oppression can take endlessly different forms, some more crude than others in their execution, some...more

Withdraw a Dissolution Claim? Not So Fast

Farrell Fritz, P.C. on 4/17/2017

Article 11 of the Business Corporation Law governs dissolution of closely held New York business corporations. Article 11 has existed, more or less in its current form, for decades. Some of its provisions have been heavily...more

An Oppression How-To: Revoke Employment, Profit Sharing and Control

Farrell Fritz, P.C. on 2/20/2017

An earlier post on this blog, examining a post-trial decision in Matter of Digeser v Flach, 2015 NY Slip Op 51609(U) [Sup Ct Albany County Nov. 5, 2015], described the minority shareholder’s dissolution claim under Section...more

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