Legal Question in Business Law in Wisconsin

In most types of business organizations, the rights of minority shareholders are limited are often limited. They are also easily subject to manipulation by the majority even without formal bylaws or operating agreements, although the law sometimes presumes certain rights, depending upon which of the dozens different forms of business organization your company uses. Unless you control 51% or more of shares, the majority can often dictate many terms to you, although you may still have the right to sue for an accounting under laws such as the uniform partnership act. Talk to an experienced civil litigation lawyer if you feel that you have been wronged in this regard.

Do not assume that I am your attorney due to this answer, but feel free to call my office in Racine (262-633-3090 or email [email protected]) for clarifications or further questions. Without additional arrangements, I would not be taking any further action on your case. See me on the web at www.jayknixonlaw.com. View my past answers at http://www.avvo.com/attorneys/53401-wi-jay-nixon-1529181/answers.html?sort=recency , or http://www.lawguru.com/answers/search/attorney/jknixon.