The 'Close Corporation' Legacy of the Demoulas/Market Basket Saga: A Case Against Type?

15 Pages Posted: 16 Apr 2016 Last revised: 14 Sep 2016

See all articles by Eric A. Lustig

Eric A. Lustig

New England Law | Boston

Susan R. Finneran

New England Law | Boston

Date Written: September 12, 2016

Abstract

At first blush, this latest chapter in the Market Basket saga seems contrary to conventional wisdom as to the business and legal structure within which a close corporation operates. A closer examination, however, may yield a different perspective. This article explores whether the Market Basket Saga is really a case against type and in doing so analyzes the potential close corporation legacy of this latest installment of the intra-family struggle.

Keywords: Close corporation, Market Basket, Demoulas, team production

JEL Classification: K22

Suggested Citation

Lustig, Eric A. and Finneran, Susan R., The 'Close Corporation' Legacy of the Demoulas/Market Basket Saga: A Case Against Type? (September 12, 2016). New England Law Review On Remand, Vol. 50, Forthcoming; New England Law | Boston Research Paper No. 16-05. Available at SSRN: https://ssrn.com/abstract=2764928

Eric A. Lustig (Contact Author)

New England Law | Boston ( email )

154 Stuart St.
Boston, MA 02116
United States

Susan R. Finneran

New England Law | Boston ( email )

154 Stuart St.
Boston, MA 02116
United States

Register to save articles to
your library

Register

Paper statistics

Downloads
69
Abstract Views
428
rank
337,233
PlumX Metrics