Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

controlling shareholder

Read a random definition: Right of Redemption

A quick definition of controlling shareholder:

A controlling shareholder is someone who owns a lot of shares in a company and has the power to make important decisions. They can do this because they either own more than half of the company's shares or they own a significant number of shares that are spread out among many other people. This means they can influence what the company does and how it operates. It's important to note that not all shareholders have this kind of power, and some may only own a small portion of the company.

A more thorough explanation:

A controlling shareholder is a person or entity that has the power to influence the decisions and activities of a company because they own a significant portion of its shares. This can be either a majority shareholder who owns more than half of the company's stock or a minority shareholder who owns a smaller percentage but has a significant number of shares.

  • Majority shareholder: John owns 60% of the shares in XYZ Corporation, which gives him the power to control the company's management and make important decisions.
  • Minority shareholder: Sarah owns 10% of the shares in ABC Corporation, but because the remaining shares are widely distributed among many others, she still has a significant influence on the company's activities.

These examples illustrate how a controlling shareholder can have a significant impact on a company's operations and decision-making processes. They have the power to sway votes and make decisions that can affect the company's future direction and success.

controlling person | control person

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
triplethread
13:28
mamas getting denied
JumpySubsequentDolphin
13:29
the bergdorf on 5th Ave in NYC is so
JumpySubsequentDolphin
13:29
it feels like home
Dkk
13:29
I'm at your mommas house rn: https://x.com/Mansavelli_/status/1648073454665572352
triplethread
13:29
im addicted to reacting to all of the decisions
triplethread
13:29
with the emojis
HopefullyInLawSchool
13:29
I shop at Joe
HopefullyInLawSchool
13:29
Joe's
glovediedthisishismom
13:30
i shop at tawget
glovediedthisishismom
13:30
im dawk gawthic maga
triplethread
13:30
i shop at giant eagle
ForDizzyDJoy
13:31
How did i miss Fordham and American’s wave and I applied in september 🙃
13:33
Lol UC Davis took me of ED and put me in RD
13:34
surprised I didnt get straight denied
HopefullyInLawSchool
13:34
they emailed you/
HopefullyInLawSchool
13:34
?
13:35
@HopefullyInLawSchool: Yea, I just got it
i just want a cornell ii :(
13:37
yak you will be fucking shit up at cornell this time next year dw
i love u
13:38
love you too bby
glovediedthisishismom
13:42
what if desantis appoints lara trump and matt gaetz to be floridas senators
Dkk
13:42
Sounds good to me
HopefullyInLawSchool
13:43
@glovediedthisishismom: What if he appoint Ym instead?
HELP
every damn opportunity
13:47
do schools straight reject people from ed or to they always ed-rd if its a no for ED?
HopefullyInLawSchool
13:48
Some schools rject
13:49
Thanks! I couldn't find any reddit thread about it lol
13:49
but just means now I have to wait for the rejection from Davis
LSD+ is ad-free, with DMs, discounts, case briefs & more.