It awarded Davis Malm's clients over $ 220,000 in attorneys fees and costs incurred in defending themselves against
the minority shareholders claims at trial.
Not exact matches
Because the
shareholders hold the residual
claim, and all corporate expenditures thus come out of their pocket, it is not entirely clear why other
shareholders should have to subsidize speech by a small
minority.
Our attorneys protect the rights of majority
shareholders, officers, directors, managers, and partners against
claims by
minority shareholders and third parties.
Regularly represents majority and
minority owners in closely held business disputes, including
claims of freeze - out, misuse of corporate funds and mismanagement, and disputes regarding
shareholder / limited liability company agreements.
These include
shareholder and partnership disputes; the investigation and pursuit of civil fraud
claims against directors, employees and third parties; international asset tracing; professional negligence
claims (including against office holders); Company law
claims such as
minority shareholder petitions (Section 994 Petitions) and specialist applications in relation to the conduct and control of companies; contract disputes; challenges to share sale consideration; and directors» disqualification proceedings.
We also represent
minority shareholders in
claims against majority
shareholders and corporate and partnership management.
During his 21 - year legal career, Mr. Goldberg has litigated hundreds of cases in federal and state courts throughout the United States involving
claims of retaliation, discrimination, wrongful termination, fraud, defamation, breach of fiduciary duty, and breach of contract, as well as commercial contract disputes, civil RICO, ERISA, trade secrets and restrictive covenants, corporate governance disputes,
minority shareholder disputes, partnership disputes, Madoff counseling and defense, advancement and indemnification proceedings, whistleblower actions (SOX and CEPA), executive compensation counseling, litigation, and arbitration, international litigation and arbitration, antitrust litigation and arbitration, products liability litigation, environmental and toxic tort litigation, and securities fraud.
Our expertise includes advising officers, boards of directors,
shareholders, and special litigation committees on a wide range of business disputes, including fiduciary duties, employment issues with
minority and majority
shareholders, executive compensation, corporate freeze - outs, direct and derivative
claims by
shareholders, internal investigations and other aspects of corporate governance.
Representation of
minority shareholders in home healthcare franchising companies in various state court litigation involving breach of fiduciary duty, breach of a
shareholders» agreement, fraud and other tort
claims, including successfully prosecuting charges for violation of court orders freezing millions of corporate funds, resulting in a civil contempt judgment that included a jail sentence.
Our commercial litigation lawyers successfully defended the majority
shareholders of a major New Jersey company against
claims of
minority shareholder «oppression,» as a result of a 13 - week non-jury trial.
Minority shareholders in closely - held corporations regarding breach of fiduciary duty and voting trust
claims
«Geraint Davies heads Howes Percival LLP's «impressive and pragmatic» practice, which is noted for its work for both national and international clients in connection with breach of warranty
claims,
minority shareholder actions, and commercial agency and distributorship disputes.
In particular,
minority shareholder disputes, directors» duties, takeovers and mergers, directors» service contracts,
shareholder agreements and business / share acquisition agreements and
claims.
Notable mandates: Acted for Soltoro Ltd. in connection with its successful disposition by plan of arrangement to Agnico Eagle Mines Ltd.; co-counsel for Trillium Motor World Ltd. in class action against General Motors of Canada Ltd. and Cassels Brock & Blackwell LLP; acted for Canadian Solar Inc. in connection with raising an aggregate of US$ 50 million in equity and US$ 100 million in debt financing for acquisition financing and working capital purposes; external counsel to the Regional Municipality of York, providing a wide range of municipal, real estate, expropriation, litigation, and commercial law advice and services; counsel to
minority shareholder of a Nevis LLC worth more than US$ 500 million with respect to a
claim for relief from unfair prejudice in litigation in Nevis and the Commercial Division of the Eastern Caribbean Supreme Court in British Virgin Islands, and in contemporaneous related actions in Belize and the United States.
• Counsel in several
minority shareholder «freeze out»
claims involving closely held corporations
William Brannigan v (1) Spencer Style (2) David Pears (3) Mark Pears (4) Trevor Pears (5) Portobello Estates Ltd [2016] EWHC 512 (Ch) Successfully opposed a
minority shareholder's application to continue a derivative
claim on behalf of the company against four of its directors.
Resolving high - value corporate / commercial disputes, often involving completion account and warranty
claims, JV issues,
shareholder actions (including unfair prejudice /
minority shareholder disputes), partnership fall outs and commercial agents and distributor terminations
He has particular expertise in disputes between directors,
claims against directors for breaches of fiduciary duties and actions involving
minority shareholders.
Clifford acts in most types of commercial and insolvency litigation including Pre-emptive remedies,
Minority Shareholder Actions,
claims against Directors for breach of duty,
claims for Unjust Enrichment or for Breach of Fiduciary duties,
Shareholder Disputes, Partnership Disputes,
claims under the Commercial Agents Directive, Directors» Disqualifications, actions for Breach of Confidence and Database Rights and proceedings to enforce Restraint of Trade Covenants.
Successfully defended international company against self - dealing
claims brought by
minority shareholder in $ 150 million business valuation dispute in which, after one week trial, the
minority shares were valued at less than ten percent of amount sought.
Sandra's recent experience includes: Advising on
claims arising from sales transactions in an insolvency, including the possible avoidance of antecedent transactions under the IA1986 Acting on misfeasance
claims Providing strategic advice on partnership and
minority shareholder disputes in order to seek to manage the business disputes effectively and expeditiously in the interests of preserving any potential on - going, underlying business and goodwill
Beyond this, I have handled numerous fraud investigations and suits, contract and warranty
claims, construction
claims, professional liability, lending,
minority shareholder and similar disputes that businesses experience more frequently than they prefer.
Settlement at mediation of a
claim for unfair prejudice and a counterclaim between the continuing directors and majority
shareholders of a precision engineering company, and a
minority shareholder and former director
•
Shareholder and partnership disputes, where one party is seeing to buy out the other, or where
minority shareholders are
claiming unfair prejudice
The provision enacts a formal leave requirement — a
minority shareholder must apply to the court for leave to bring a derivative
claim.
Only in exceptional circumstances, for example where the wrongdoer is a majority
shareholder, have
minority shareholders been able to obtain the court's permission to bring a derivative
claim on behalf of the company.
In Wilson v. Alharayeri, 2017 SCC 39, the court found that in the face of certain
claims by a corporation's
minority shareholder, two individual directors were held personally liable to compensate him for the $ 650,000 in share - value diminution that resulted from a decision they made in their roles on the board of directors.
Understandably unhappy with the changes, Alharayeri exercised his rights as a
minority shareholder and launched a court
claim for an oppression remedy.