entity · derived
Close corporations
Derived node: assembled mechanically from the claims carrying close-corporations. A roster, not an adjudicated definition.
Every claim under this term
- 3017612-007 : Because public and close corporation shareholders differ materially in bargaining power, close corporation shareholders should be granted greater flexibility to order their affairs by agreement.
- 3017612-008 : A shareholder agreement authorized under MBCA Section 7.32 ceases to be effective once the corporation's stock is listed on a national securities exchange or regularly traded in a dealer maintained ma
- 3017612-012 : Shareholder agreements matter more in closely held corporations because minority holders have sunk substantial time or capital into the enterprise yet cannot exit through sale, since their shares lack
- 3017612-020 : Courts have recognized an enhanced fiduciary duty among participants in closely held corporations, holding that majority shareholders owe fiduciary duties not only to the corporation but to minority s