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LSDefine

Simple English definitions for legal terms

shareholder oppression

Read a random definition: Madrid System

A quick definition of shareholder oppression:

Shareholder oppression is when the people in charge of a company treat the smaller owners unfairly. This can happen in a small company where a few people have a lot of power. It's like when a big kid takes all the toys and doesn't let the little kids play. It's not fair and can hurt the little kids. In the same way, shareholder oppression can hurt the smaller owners of a company.

A more thorough explanation:

Shareholder oppression is a term used to describe the unfair treatment of minority shareholders by those in control of a corporation, especially in a close corporation. This can include actions such as withholding information, denying access to corporate records, or excluding minority shareholders from important decisions.

For example, if a group of majority shareholders in a close corporation decides to sell the company without consulting the minority shareholders or offering them a fair price for their shares, this could be considered shareholder oppression.

Shareholder oppression can have serious financial consequences for minority shareholders, who may be forced to sell their shares at a loss or lose their investment entirely. In some cases, minority shareholders may be able to take legal action to protect their rights and seek compensation for any damages they have suffered.

shareholder-control agreement | shareholder proposal

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HopefullyInLawSchool
16:12
@RoaldDahl: Likely not however it could mean nothing
RoaldDahl
16:15
So if it means nothing does that mean something?
HopefullyInLawSchool
16:17
Possibly
RoaldDahl
16:26
Cool
RoaldDahl
16:26
thank you!!!! i hope it means something
pinkandblue
16:31
fart
IrishDinosaur
16:36
Mich R gang lesgooo
Did anyone else get that random get to know nova email?
HopefullyInLawSchool
17:21
Ya it was sent to all YM applicants
starfishies
17:37
Anyone get the NDLS email inviting you to apply for something even though they haven’t made a decision on your app yet
17:38
Better yet I got the email and I was rejected last month
starfishies
17:38
Wtf
starfishies
17:39
and the deadline is in like a week what is this
any cardozo movement?
BatmanBeyond
18:01
Sent a LOCI via portal, but I'm wondering if email would have gotten me a swifter response
BatmanBeyond
18:02
This whole hold/wait-list/reserve system is a headache
loci already?
BatmanBeyond
18:09
If the odds are like 1-2% I don't think it matters much by the numbers
12:11
I got the same NDLS email
OrangeThing
12:18
I think the user profiles are broken
19:29
Any word out of Notre Dame?
19:29
Only the invitation to apply for LSE
19:29
Anyone received a decision from NDLS?
19:50
when did u guys apply that just heard from umich? they havent even glanced at my app yet
0:30
how am i supposed to spy on people when profile links are broken?
Right. Broken links smh
I've been UR since first/second week of Jan, no updates otherwise, is that a bad sign? At or above median LSAT and above 75th gpa.
The profile links are not working for me. anybody else?
13:18
i’m in the same boat mastermonkey but with lower stats. i hope i hear back by mid march
CheeseIsMyLoveLanguage
13:24
@mastermonkey45: Looking at some of the recent decisions in relation to when they went complete, I'd say it's a good sign. It seems many declines were sent within about 5-6 weeks of completion. Given those were applications that were SENT in January, I'd say that means you're still solidly in the running. :)
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