Tag Archives: Florida Shareholder Rights
Can a Minority Shareholder Force the Majority to Buy Their Shares?
Minority shareholders face certain risks. If you are a minority shareholder, you may find yourself in a position where you simply want to get out of the business. Perhaps it is because you do not believe in the underlying company anymore, or perhaps it is because you believe that the majority shareholders are damaging… Read More »
What is the Corporate Opportunity Doctrine?
Corporate directors, officers, and controlling shareholders owe duties to their company and to the minority shareholders. Under the corporate opportunity doctrine, these representatives are legally prohibited from taking for themselves any business opportunity that could reasonably benefit the corporation. This is one aspect of the fiduciary duties of a corporate officer, and it is… Read More »
Florida Shareholder Rights: Inspection of Corporate Records
Corporations, especially private companies and closely-held firms, owe their shareholders an obligation to furnish certain business records and key information upon request. A shareholder’s right to inspect and copy corporate records is critically important. Without this right, it would be very difficult for shareholders to ensure that their financial interests are actually being protected…. Read More »
