Your Company’s Attorney – Who Must He / She Take Direction From?
Is your company’s attorney required to take direction from you? In a close corporation or small business, directors, officers, shareholders, and employees (as well as a limited liability company’s...
View ArticleOppression, Breach of Fiduciary Duties, Freeze Out, and Judicial Dissolution...
The Iowa Court of Appeals addressed Oppression, Breach of Fiduciary Duty, Freeze Out, and Judicial Dissolution in Jochimsen v. Wapsi Hunting Club, Inc., 803 N.W.2d 672 (Iowa Ct. App. 2011) (CLICK HERE...
View ArticleShareholder Frustration – Iowa’s Standard for Minority Shareholder Oppression...
On June 14, 2013, the Iowa Supreme Court published its opinion in John R. Baur vs. Baur Farms, Inc. and Robert F. Baur, (No. 11-0601) (June 14, 2013). A very short recap of the facts are as follows:...
View ArticleThe 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...
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