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Matthew H. McKinney, Esq.
BrownWinick Law Firm
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Des Moines, IA 50309
mckinney@brownwinick.com
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Tag Archives: Shareholder
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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The squeaky owner gets the grease…
5 steps a shareholder / business owner can consider taking to correct corruption 1. Become informed: The old adage, “knowledge is power” still holds true; if you are armed with proper knowledge, your chances of identifying and curbing corruption are … Continue reading
Posted in Business Owner, Litigation, Shareholder
Tagged books and records inspection, books inspection, Business Owner, business owner's concern, business owner's questions, business owner's rights, Corporate Corruption, Corporate Wrongdoing, Oppression, Records inspection, 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
8 Comments
Books and Records Inspection
You don’t know what you have until it’s gone. . . or you inspect. A Shareholder / Business Owner’s Right to Inspect Books and Records If you are a shareholder in a close corporation (i.e. small, private, not publicly traded … Continue reading
Posted in Business Owner, Litigation, Shareholder
Tagged Arizona books and records inspection, books and records inspection, books inspection, Business Owner, business owner's concern, business owner's questions, business owner's rights, Corporation books and records inspection, LLC books and records inspection, manager, member, Records inspection, Shareholder, shareholder's concerns, shareholder's questions, shareholder's rights, stock value
4 Comments
Oppression / Freeze-out
Am I Oppressed? A Minority Shareholder’s / Business Owner’s Diagnosis In businesses and corporations (of all sizes) across the country, the law generally requires management to act in accordance with their fiduciary duties. A fiduciary duty requires, among other things, … Continue reading
Posted in Business Owner, Litigation, Shareholder
Tagged Arizona law, Business Owner, Corporate Duties, Corporation, Director, Dividends, Freeze-out, manager, member, Minority Shareholder, Officer, Oppression, Shareholder, Stockholder
3 Comments
