Please ensure Javascript is enabled for purposes of website accessibility
Home / Opinion Digests / Corporate / Corporate – Closely Held – Minority Shareholder – Redemption Demand – Unreasonable Expectation (access required)

Corporate – Closely Held – Minority Shareholder – Redemption Demand – Unreasonable Expectation (access required)

High Point Bank & Trust Co. v. Sapona Manufacturing Co. (Lawyers Weekly No. 10-15-0653, 27 pp.) (Ben Tennille, Ch.J.) N.C. Bus. Ct. Holding: In corporations with dozens of non-employee shareholders, where there is no plan for redeeming the stock of shareholders upon their deaths, and where the shareholder in question never mentioned to the directors or ...

Leave a Reply

Your email address will not be published. Required fields are marked *

*