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New York Business Divorce

Commentary on Dissolution and Other Disputes Among Co-Owners of Closely Held Business Entities

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50% Shareholder May Not Sue Other 50% Shareholder in Company’s Name

Photo of Peter A. Mahler
By Peter A. Mahler on April 21, 2008
Posted in Corporate Governance, Derivative Actions, Standing

Does one 50% shareholder’s greater capital contributions give him the authority to sue the other 50% shareholder in the company’s name? Get the answer in this week’s New York Business Divorce.
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