shareholder oppression; shareholder; stockholder Archives - Detroit Business Law

Michigan Court of Appeals Rules that Shareholder Oppression Statute Protects All Shareholders, Not Just Minority Shareholders

June 30, 2021July 10, 2021 - by Joseph DeFever

This is the second article of a three-part series discussing the Michigan Court of Appeals decision in Young v Vandermeer, Docket No. 349093. In this case, Plaintiff submitted nine claims …

Michigan Supreme Court Clarifies Rules for Fighting Shareholder Oppression

July 31, 2014October 16, 2019 - by Demorest Law Firm

Shareholders controlling a corporation have an obligation not to abuse their control to the detriment of minority shareholders. In Michigan, these minority shareholders are protected by the Shareholder Oppression Statute …