The First State Defines the Scope of Majority Shareholder Fiduciary Duties
Farrel Fritz
FEBRUARY 12, 2024
More often than not, the centerpiece of an intra-owner business dispute is a claim that those in control of the business breached their fiduciary duties to the company or the minority owners. Sears Hometown and Sears Outlet, the Reorganization Plan. In 2012, the Company had essentially two business segments.
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