Legal Question in Business Law in New York

Shareholders rights

I own 10% of a family corp the company is grossly inefficient what rights do ihave to change policy


Asked on 7/07/08, 3:16 pm

1 Answer from Attorneys

Michael Markowitz Michael A. Markowitz, PC

Re: Shareholders rights

Having a minority interest in the corporation, you may not have much leverage to make a policy change. However, you may have the right to sell your shares, take the money and invest in another business venture that you would have more control over.

Mike.

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Answered on 7/07/08, 3:46 pm


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