Business Law Monographs, Volume C9--Avoiding and Resolving Disputes With Minority Shareholders
Select a format
Select subscription type
Terms & conditions
Subscribers receive the product(s) listed on the Order Form and any Updates made available during the annual subscription period. Shipping and handling fees are not included in the annual price.
Subscribers are advised of the number of Updates that were made to the particular publication the prior year. The number of Updates may vary due to developments in the law and other publishing issues, but subscribers may use this as a rough estimate of future shipments. Subscribers may call Customer Support at 800-833-9844 for additional information.
Subscribers may cancel this subscription by: calling Customer Support at 800-833-9844; emailing customer.support@lexisnexis.com; or returning the invoice marked "CANCEL".
If subscribers cancel within 30 days after the product is ordered or received and return the product at their expense, then they will receive a full credit of the price for the annual subscription.
If subscribers cancel between 31 and 60 days after the invoice date and return the product at their expense, then they will receive a 5/6th credit of the price for the annual subscription. No credit will be given for cancellations more than 60 days after the invoice date. To receive any credit, subscriber must return all product(s) shipped during the year at their expense within the applicable cancellation period listed above.
The total price includes the product(s) listed in the Order Form and any Updates for a limited period (minimum period of 30 days) after the order is placed ("Order Window"). Shipping and handling fees are not included in the grand total price.
All shipments may be returned, at subscribers' expense, for full credit of the Price within 30 days of receipt.
Shipments may not be returned, and no credits will be issued, more than 30 days after receipt.
After the Order Window, subscribers will receive notice of Updates along with the then-current grand total price and order process as Updates become available. Subscribers will only be shipped those Updates they specifically request.
Product description
Assists corporate counsel in advising management on methods of avoiding, resolving, or containing problems with minority shareholders. Includes fiduciary duty to minority shareholders, the right of minority shareholders to participate in management, and contractual methods of preventing or resolving disputes with minority shareholders.
Business Law Monographs, Avoiding and Resolving Disputes With Minority Shareholders, assists corporate counsel in advising management on methods of avoiding, resolving, or containing problems with minority shareholders.
Chapter 1 describes the fiduciary duty owed by management and majority shareholders to minority shareholders. The chapter describes how the general legal standards have been applied in cases involving freeze-outs and negotiated stock purchases, and how a management engaging in such transactions can establish a record demonstrating compliance with these legal standards.
Chapter 2 helps counsel analyze the potential for disruptive minority action under a given corporation's charter, bylaws, and governing statute, and describes the advantages and drawbacks of the various legal methods of precluding minority shareholder problems. The chapter gives a significant amount of attention to compliance with the federal and state disclosure requirements that arise when the action to be taken entails a shareholder vote.
Chapter 3 is concerned with contractual dispute resolution. The chapter describes the function and drafting of shareholders agreements, which typically are written to set ground rules to avert future disputes. Attention is given to the negotiation of the common features of such agreements: voting arrangements, restrictions on stock transfer, and restrictions on stock issuance. The chapter then discusses standstill agreements, which typically are negotiated to neutralize an existing threat to the control of a publicly held corporation. The typical elements of such agreements- limits on minority stock ownership and restrictions on transfer-are described in separate subsections.
Chapter 4 deals with corporate and majority shareholder actions intended to reduce the ownership position of dissident minority shareholders. The categories of transactions addressed in this chapter include corporate stock repurchases, majority shareholder purchases, recapitalizations, reverse stock splits, and cash out mergers. The chapter heavily emphasizes federal securities law requirements as they affect each category.
Whether you are counsel reviewing your company's policies to ensure compliance with applicable laws and regulations or you are trying to avoid future problems, Business Law Monographs, Avoiding and Resolving Disputes With Minority Shareholders, will help you comprehend the basic law regarding the myriad legal issues revolving around minority shareholders.
Also available as part of the complete 38-volume set entitled Business Law Monographs.
eBooks, CDs, downloadable content, and software purchases are noncancelable, nonrefundable and nonreturnable. Click here for more information about LexisNexis eBooks. The eBook versions of this title may feature links to Lexis+® for further legal research options. A valid subscription to Lexis+® is required to access this content.
Table of contents
Division I TEXT
CHAPTER 1 The Fiduciary Duty Owed by Corporate Officers, Directors and Majority Shareholders to Minority Shareholders
CHAPTER 2 Assessing the Rights and Powers of Minority Shareholders to Participate in the Management of the Corporation
CHAPTER 3 Contractual Methods of Preventing or Resolving Disputes With Minority Shareholders
CHAPTER 4 Actions by the Corporation or Majority Shareholders to Neutralize or Eliminate Dissident Minority Shareholders
Division II FORMS
Form C9-1 Sample Proxy Materials Discussing a Proposed Charter Amendment Eliminating Cumulative Voting Rights
Form C9-2 Sample Charter Expressly Denying Cumulative Voting Rights
Form C9-3 Sample Engagement Letter Retaining a Proxy Solicitation Firm
Form C9-4 Sample Bylaw Provision Authorizing the Establishment of Board Committees
Form C9-5 Sample Bylaw Provision Setting Forth Nomination and Business Procedures
Form C9-6 Sample Reincorporation Merger Agreement
Form C9-7 Sample Standstill Agreement
Form C9-8 Sample Standstill Agreement II
Form C9-9 Sample Standstill Agreement III
Form C9-10 Sample Form of Financial Advisers' Fairness Opinion to Special Committee
Form C9-11 Sample Charter Provisions Effecting a Recapitalization
Form C9-12 Sample Form of Agreement and Plan of Merger for a Cash Out Merger
Division III SOURCE MATERIALS
Item C9-i1 State Law Chart I: Statutory Provisions Regarding Cumulative Voting
Item C9-i2 State Law Chart II: Shareholder Super-Majority Requirements Imposed by Statute
Item C9-i3 State Law Chart III: States Permitting Shareholder Action by Consent Without Unanimous Consent
Item C9-i4 State Law Chart IV: Shareholder Preemptive Rights Provisions
Item C9-i5 State Law Chart V: Statutes Granting Shareholders the Right to Call Special Meetings
Item C9-i6 State Law Chart VI: Statutory Provisions Regarding Removal of Directors Without Cause