by Staff of the Firm | Sep 5, 2015 | Maryland Law update, Minority Shareholders, Multiple Owners, Uncategorized
Bontempo v. Lare. In February 2000, Bontempo joined a company founded by the Lares, his former colleague and his wife, as a minority shareholder and employee.[1] The arrangement was later formalized to a certain extent in the form of an attachment to the stockholders...
by Staff of the Firm | Aug 29, 2015 | Maryland Law update, Minority Shareholders, Multiple Owners, Uncategorized
In our previous blog posts on Ritchie v. Rupe,[1] available here and here, we discussed the rights of minority shareholders in a closely held corporation under Texas law. We explained that, post-Rupe, in Texas, minority owners would have to show abuse of authority...