Contact the author:
Matthew H. McKinney, Esq.
BrownWinick Law Firm
Ruan Center, Suite 2000
Des Moines, IA 50309
mckinney@brownwinick.com
Direct: 515.242.2468Site Search
Live Updates
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Category Archives: Shareholder
PART II – 2013 Law Eliminates Statutory Authority to Recover Attorneys’ Fees in Derivative Litigation
PART II – 2013 Changes to the Iowa Business Corporation Act. This post addresses yet another substantive change to Iowa law – as adopted by the 2013 legislature – and which relates to the ability to recover reasonable attorneys fees … Continue reading
Posted in Business Owner, Director, Intra-corporate dispute, Litigation, Manager, Member, New Law, Officer, Partners, Partnership, Shareholder
Tagged Attorneys Fees, Business Dispute, Business Divorce, corporate dispute, Court Costs, Derivative Claim, Derivative Litigation, director liability, Iowa Attorney, Iowa Corporate Litigation, Iowa corporation, Iowa Lawyer, Iowa Legislature, Shareholder Liability, Shareholder Litigation
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The Business Judgment Rule – a December 2011 Iowa Supreme Court Opinion
On December 16, 2011, the Iowa Supreme Court published its opinion in Robert Oberbillig et al. v. West Grand Towers Condominium Association, click here for the opinion. The case involved a legal question regarding whether the business judgment rule applies to actions of … Continue reading
Posted in Business Owner, Director, Intra-corporate dispute, Litigation, Officer, Shareholder
Tagged Board of Directors Protections, business, Business Judgment Rule, business owner's questions, condominium association, Good Faith Board Decisions, homeowners association, Iowa Business Law, Iowa Corporate Law, Iowa Directors, Iowa Law for LLCs, Iowa Supreme Court, Judge in the Board Room, nonprofit corporation, Poor Business Decision, Small Business Legal Considerations
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Can I Challenge Poor Decisions Made by my Business’ Management?
The Business Judgment Rule – a rule all business owners / shareholders should consider before challenging decisions made by a business’ management. Generally speaking, decisions made by a business’ management (officers / directors; member / managers) are protected from outside … Continue reading
Posted in Business Owner, Director, Litigation, Shareholder
Tagged Business Judgment, Business Judgment Rule, Business Owner, Business Owners, Director, Fiduciary Duty, manager, member, Officer, Poor Business Decision, Shareholder, shareholder's concerns, shareholder's questions, shareholder's rights
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Fiduciary Duties
The Who, What, When, Where, and Why of Fiduciary Duties in Small Businesses and Corporations. A Brief Introduction to a Broad, Complex, and Ever-Changing Duty. What is a fiduciary duty? A fiduciary duty is often regarded as the highest duty … Continue reading
Posted in Business Owner, Director, Litigation, Shareholder, Shareholder
Tagged Business Owners, Director, Duty of Care, Duty of Confidentiality, Duty of Loyalty, Duty to Disclose, Duty to Inspect, Fiduciary Duties, Fiduciary Duty, manager, member, Officer, Partner, Shareholder, Standards of Conduct
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