Contact the author:
Matthew H. McKinney, Esq.
BrownWinick Law Firm
Ruan Center, Suite 2000
Des Moines, IA 50309
mckinney@brownwinick.com
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Tag Archives: shareholder’s concerns
Slow Down and Think Twice About Filing a Derivative Claim Before Trying to Inspect Books and Records
The latest case in a string of Delaware Court opinions raises - again - an interesting question regarding a derivative plaintiff’s ability to inspect a corporation’s books and records after he/she files a derivative complaint. In a November 30, 2011 opinion – Central Laborers … Continue reading
Posted in Business Owner, Director, Intra-corporate dispute, Litigation, Shareholder
Tagged books and records inspection, Corporation books and records inspection, Derivative Claim, Derivative Litigation, formal written discovery, Iowa Business Law, Iowa Corporate Law, Litigation discovery, Minority Shareholder, Proper purpose, Shareholder Dissent, Shareholder Litigation, shareholder's concerns, shareholder's questions, shareholder's rights
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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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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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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
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