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Corporations Attorney

Failure to Object to Business Practices Waives Minority Shareholder Rights

Digital Camera International, Ltd. v. Antebi, et al., 11-cv-1823 (E.D.N,.Y. July 13, 2017) Statutes: N.J.S.A. 14A:12-7(1)(c) Facts:Shareholders of a New Jersey corporation participated in a variety...
Limited Liability Company Attorneys

Unanimous Consent Signed by LLC Members Operates as Amendment to Operating Agreement

Clark v. Butoku Karate Sch., LLC, No. 326638 (Mich. App., 2016) Statutes: MCL 450.4101, MCL 450.4305, MCL 450.4509 Plaintiff Joby Clark and Defendant were the sole...
Business Divorce Attorneys

Business Divorce: Sources of the Law

The law of business organizations is a creature of state law, and disputes among owners in a business divorce involve the application of the...
Minority Sharholder Attorneys

Minority Shareholder’s Silence Waives Oppression Claim

It was the stuff of which a good minority oppression claim is easily cooked up.  The party in control of the corporation had used...
Share Transfer Agreement Enforceable | Oppressed Shareholder Attorney

Oral Agreement to Transfer Shares Is Enforceable

The prior owner of a woman-owned business will be required to pay upwards of $500,000 to an oppressed shareholder after a trial court found...
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