Contracts: Shareholders

Articles (25)

Rights of an Ohio Employee who is a Minority Shareholder
A special exception to employment at-will doctrine applies to employees who are minority shareholders of close corporations. In their case, majority shareholders cannot terminate their employment with... applies to Ohio

Implied Contract exception to Employment at-Will
In general, under the employment-at-will doctrine, the employment relationship between employer and employee is terminable at the will of either. See At-will Employment . Even so, some state supreme c... applies to All States

Enforcing Non-competition Agreements after the Sale of a Business
If an employer with non-competition agreements sells its business to a new buyer, the buyer does not necessarily acquire the old employer's/seller's rights in its non-competition agreements. The buyer... applies to All States

Overview of American At-will Employment
American employment law is built on the foundation of at-will employment. Before any meaningful body of employment law existed, employment in America was at-will. Based in state contract law, at-will ... applies to All States

California Non-competition Law
At one time California courts enforced contractual restraints on competition as long as they were reasonably imposed. However, in 1872 California adopted a public policy favoring open competition and ... applies to California

Questions and Answers (278)

breach of fiduciary duty and other claims
I believe "breach of fiduciary duty" in 1 sense is defined as; A majority shareholders/controlling shareholders action or manipulation and use of corporate control to eliminate minority shareholders b... applies to Ohio  ·  0 answers

40% owner of a company has backwages that are not being paid
I am a 40% owner of a company. I am owed about 150,000 dollars in salary and commission that was not paid to me as the cashflow was not good. However, we have received a lumpsum payment of 200,000 dol... applies to California  ·  1 answer

Is refusal to pay salary of minority shareholder a violation of wage and hour laws?
Majority shareholder (70%) and minority shareholder (30%) are shareholders in a law firm with two other employees. Minority shareholder is not involved in management of firm. Minority shareholder rece... applies to Rhode Island  ·  1 answer

Do commissions regarding old contracts that have no end date still apply as compared to new contracts that expire
Commissions applies to Michigan  ·  0 answers

Implied contracts in the state of Alabama
Implied contracts: if you want a job here then you will have a job here - even if we have to move employees around applies to Alabama  ·  0 answers

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Pastor, Brian

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