Practice Areas
Blog 
Business Litigation
- Partnership Disputes: Protection for Oppressed Minority Shareholders
- Why You Must Look at Your Shareholder agreement Differently when Faced with A Shareholder or Partner Dispute
- Franchise Litigation: Understanding the Role of Discovery in Franchise Litigation
- Termination of Your Gas Station Contracts: Renewal Protections Afforded by The New Jersey Franchise Practices Act
- Partnership Disputes: When Your Partners Construct a "Pre-Text" to Terminate Your Legal Rights
Library
Business Litigation
- New Jersey Partnership Law: Important Resources
- New Jersey Shareholder and Partner Disputes: Important Factors to Consider to Protect Your Business and Equity Interests
- Options When a Business Partner Withholds Information Business Records
- Property Rights of a Business Partner in New York
- Is Your Trademark Likely to Cause Confusion? The Lapp Test
Business Litigation
Corporate Dissolution a Critical Tool for Small Business Owners Faced with a "Partnership Dispute" with a Controlling Shareholder
Minority shareholders of small closely held New York corporations are sometimes subject to wrongful acts of their majority partners and shareholders. That is, with voting control majority shareholders make decisions based on their own personal interest and not the interest of the company.When faced with a partner and controlling shareholder who is misappropriating business assets or entering into agreements (such as employment agreements with family members) that are not in the best interest of the company your best course of action may be to file a petition to dissolve the corporation.
In "Important Remedy Available to Minority Shareholders of a New York Corporation: Judicial Dissolution" I discuss the remedies available to minority/twenty-percent shareholders and the grounds for dissolution.
IMPORTANT DISCLAIMER: The information contained on this website is provided for general educational purposes only, should not be relied on as legal advice and does not serve to create an attorney client relationship. In utilizing this website you acknowledge that there is no attorney client relationship between you and Charles N. Internicola, Esq. and that the information contained on this site does not and cannot serve as a replacement for the competent legal advice of a licensed attorney in your state. The content of this website is subject to the Copyright of its author, Charles N. Internicola, Esq.
Click here to view our privacy policy
There are no comments.
Post a comment
Post a Comment to "Corporate Dissolution a Critical Tool for Small Business Owners Faced with a "Partnership Dispute" with a Controlling Shareholder"
To reply to this message, enter your reply in the box labeled "Message", hit "Post Message."Search
More Information
To obtain information about our business and franchise law services complete the form below:
Charles N. Internicola, Esq.
New York, New Jersey
and Nationwide Legal Representation
1610 Richmond Road
Staten Island, NY 10304
Phone: 718. 979. 8688
Toll Free: 800. 976. 4904
Get Directions
Note:
Your information is confidential and is not used or sold for marketing purposes. We accept no duty and no representation without a written contract setting forth terms of representation.