Quantcast
Home / Top Legal News / Counterclaim OK’d  in case of squabbling shareholders (access required)

Counterclaim OK’d  in case of squabbling shareholders (access required)

Closely held corporations that are named as defendants in a shareholder’s derivative lawsuit may pursue counterclaims against that shareholder, the North Carolina Business Court has ruled in a case of first impression. Bill Gao, Johannes Heckmann, and Ellen Liu were the three co-owners of Sinova US, a seller of chemical products. In 2013 the trio negotiated ...

Leave a Reply

Your email address will not be published.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

*