“Legally fascinating” is how the court, in a dispute between the owners of Newsweek, described the “two distinct lines” of case precedent concerning the ability of one 50% shareholder to bring suit in the company’s name against the wishes and interests of the other 50% shareholder. Read about it in this week’s New York Business Divorce.
Continue Reading Can One 50% Shareholder Sue the Other in the Company Name on the Company Dollar? Answer: It Depends