Abstract

http://ssrn.com/abstract=2071241
 


 



Representing Minority Shareholders in Close Corporations under Modern Business Corporations Act


Joseph Olson


Hamline University - School of Law

January 1, 1986

Washington University Law Quarterly, Vol. 64, p. 507, 1986

Abstract:     
This article discusses representing minority shareholders under modern corporation statute based on the Model Business Corporation Act. Passage through the thicket of problems that such representation presents is a learning experience never to be forgotten. Counsel will have found a statute strongly biased in favor of management and the corporation’s majority shareholders, a common law of corporations which until recently turned a cold shoulder to the legitimate needs of minority shareholders, and if the counselor were a corporate specialist, his own “cultural” bias toward his usual client class – those in control of the enterprise.

Number of Pages in PDF File: 53

Keywords: Shareholders, corporation, Model Business Corporation Act, business, Model Act, Minnesota Act

JEL Classification: K2

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Date posted: April 13, 2013  

Suggested Citation

Olson, Joseph, Representing Minority Shareholders in Close Corporations under Modern Business Corporations Act (January 1, 1986). Washington University Law Quarterly, Vol. 64, p. 507, 1986. Available at SSRN: http://ssrn.com/abstract=2071241

Contact Information

Joseph Edward Olson (Contact Author)
Hamline University - School of Law ( email )
1536 Hewitt Avenue
Saint Paul, MN 55104-1237
United States
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