What is a Forced Buy-Out?
August 10, 2018Disputes among shareholders can lead to the dissolution of a corporation, either through court action or agreement. Since the shareholders already disagree on major issues related to corporate operations, the likelihood that they will agree on the terms of a corporate dissolution are slim. For example, it may not b…
DetailsWhat Role Does a Temporary Restraining Order or Injunction Play in a Business Dispute?
August 9, 2018Business litigation can drag on for months or even years. Those hoping for quick relief are often disappointed. But in emergencies—when immediate or pretrial relief is necessary to avoid irreparable harm—a company can ask the court for pretrial injunctive relief in the form of a temporary restraining order (TRO…
DetailsWhat Rights Does a Shareholder Have to Look at Corporate Books and Records?
August 7, 2018Shareholders in a corporation have specific rights to inspect a corporation’s books and financial records under Arizona law. See Ariz. Rev. Stat. Ann. § 10-1602. Upon giving five days of advance notice in writing, shareholders have the right to appear at the corporation’s principal place of business during reg…
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