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Oppression / Freeze-out
Am I Oppressed? A Minority Shareholder’s / Business Owner’s Diagnosis In businesses and corporations (of all sizes) across the country, the law generally requires management to act in accordance with...
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Books and Records Inspection
You don’t know what you have until it’s gone. . . or you inspect. A Shareholder / Business Owner’s Right to Inspect Books and Records If you are a shareholder in a close corporation (i.e. small,...
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Fiduciary Duties
The Who, What, When, Where, and Why of Fiduciary Duties in Small Businesses and Corporations. A Brief Introduction to a Broad, Complex, and Ever-Changing Duty. What is a fiduciary duty? A fiduciary...
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The squeaky owner gets the grease…
5 steps a shareholder / business owner can consider taking to correct corruption 1. Become informed: The old adage, “knowledge is power” still holds true; if you are armed with proper knowledge, your...
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Can I Challenge Poor Decisions Made by my Business’ Management?
The Business Judgment Rule – a rule all business owners / shareholders should consider before challenging decisions made by a business’ management. Generally speaking, decisions made by a business’...
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Ousting a Corporate Director in Iowa
A Shareholder’s Power to Remove a Director From the Board of Directors Shareholders often inquire: How is a director removed from a corporation’s board of directors? The question may be posed out of...
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The squeaky owner gets the grease…
5 steps a shareholder / business owner can consider taking to correct corruption 1. Become informed: The old adage, “knowledge is power” still holds true; if you are armed with proper knowledge, your...
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