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Michigan has a robust statutory remedy for shareholder oppression. GGerald Mantese, Douglas Toering, and Fatima Mansour have just publised a fascinating new article in the January...

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“[P]eople enter closely-held businesses in the same manner as they enter marriage: optimistically and ill-prepared.” Sooner or later, there is trouble in paradise. Resentments, jealousies, and...

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Will the Texas Legislature Restore the Shareholder Oppression Claim? The Texas Supreme Court's Ritchie v. Rupe decision overturned the Texas shareholder oppression doctrine. The implications for...

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Hopkins Centrich Law will speak at the 11th Annual Texas Bar CLE Essentials of Business Law Course at 9:30 am on March 13, 2020 in Houston,...

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Promoters The role of the “promoter” is a bit of an anachronism under the Business Organizations Code. Dean Hildebrand defined a promoter as “one who brings...

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In prior blog posts, we have dealt with the issue of shareholder oppression that ends in a stock redemption. While generally majority shareholders do not owe...

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Texas Business Organizations Code section 11.314 provides that the limited liability company becomes subject to district court jurisdiction to order winding up and termination if a...

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While shareholder agreements—in particular, Buy-Sell provisions—may provide some protection for minority shareholders against shareholder oppression, ordinarily they are not. More often, the Buy-Sell provision becomes the...

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Whenever a client comes to us with a concern about how they are being treated as a shareholder or how the corporation is being run, the...

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Texas law recognizes “the property right which a share in such a company creates.” Yeaman v. Galveston City Co., 167 S.W. 710, 719 (Tex. 1914). In...

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