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Corporate governance, shareholder disputes and entity valuation can disrupt closely-held businesses, endangering the business and equity that shareholders have built over many years.
Corporate governance disputes disrupt day-to-day operations of closely-held businesses. Corporations, directors and shareholders may disagree about the leadership, day-to-day management or direction of their company. It is crucial that shareholders and directors fully understand their rights and potential exposure to claims, deadlocks and breaches of shareholder agreements and fiduciary duties.
Careful analysis and planning can insure the most favorable outcome and avoid unintended creation of rights and significant legal remedies.
Minority shareholder litigation provides shareholders with a wide array of remedies. The Minnesota legislature and courts have taken aggressive steps to protect the reasonable expectations of owners of closely-held businesses. Minority shareholders are increasingly obtaining relief from controlling shareholders and their companies.
Shareholders are entitled to the mandatory redemption of their shares at “fair value” in a number of circumstances under Minnesota law. Valuation disputes typically require the use of the proper experts and expertise. We have extensive experience guiding corporations and shareholders through corporate governance strategies, minority shareholder litigation and valuation issues. We help clients ensure that the corporate governance, litigation and valuation processes work to their greatest possible advantage.
- Choice of Entity
- Corporate Governing Documents
- Dispute Resolution
- Shareholder Oppression
- Shareholder Termination/Demotion
- Breaches of Fiduciary Duty
- Excessive Compensation
- Failure to Declare Proper Dividends
- Squeeze Outs
- Unlawful Competition by Departing Shareholders
- Business and Controlling Shareholder Relief