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Blogs > Shareholder Disputes in New Jersey

Shareholder oppression

Mar 18, 2019

Minority Shareholders Don’t Always Have a Right to Information

There appears to be an uptick in the filing of meritless corporate shareholder and LLC member oppression claims in New Jersey.  Not everything that majority shareholders do that upsets a minority owner is worth spending legal fees to pursue.

When the only allegations one can make are a failure to keep an absentee shareholder fully informed of all business transactions, and a failure to obtain that minority shareholder’s consent to such transactions, that alone is rarely a recipe for successful litigation.  » Read More

Nov 29, 2018

New Case Addresses Termination of Employment as Shareholder Oppression

I have previously posted on this blog in the past about how the termination of a minority shareholder’s employment can constitute minority shareholder oppression in New Jersey, possibly entitling the minority shareholder to a buy-out. This is based on the theory that an owner of a small, closely-held business reasonably expects employment as long as he is a shareholder. » Read More

Oct 25, 2018

Is Secretly Recording Your Business Partner Ever a Good Idea in New Jersey?

Many clients who come in to discuss a possible business divorce action are already anticipating obstacles to their own case.  Having a foresighted, prepared client is wonderful.  But when those clients take matters into their own hands before even coming into my office, sometimes they have harmed more than helped their own case. » Read More

Jul 19, 2018

Can Communication Be the Key to Avoiding Business Divorce Litigation?

No matter how many times I write about disputes between business partners, and how many times clients tell me their horror stories, I remain amazed by the ease with which some major business divorces could have been avoided.  Most of the time, when a shareholder dispute could have been averted, it is because one of the parties just needed to listen to the other.  » Read More

Jun 05, 2018

A Valuation Expert in Business Divorce Litigation Can Help Early On

Not surprisingly, business divorce litigation can be quite costly.  Whether this cost is “worth it” is not always so easy to figure out.  If a minority shareholder or LLC member in New Jersey has an interest valued at $600,000, spending $50,000 – $100,000 in legal fees may be warranted to achieve a buy-out.  » Read More

Feb 22, 2018

Business Owner Rights: What Every Shareholder Should Know

David C. Roberts, a Member of Norris McLaughlin & Marcus, P.A., is pleased to present a seminar for all business owners that will answer many of the questions, both known and unknown, a shareholder would have, such as:
  • What, exactly, is “shareholder oppression?”
  • How do I remedy oppression?
» Read More

Sep 29, 2017

Shareholder Oppression: What Every Business Owner Should Know

David C. Roberts, a Member with Norris McLaughlin & Marcus, P.A., is pleased to present a seminar for all business owners that will answer many of the questions, both known and unknown, a shareholder would have, such as:

  • What, exactly, is “shareholder oppression?”
  • How do I remedy oppression?
» Read More

Jul 17, 2017

How To Prepare For Retaliation From Filing Business Divorce Litigation

Many shareholders contemplating getting a “business divorce” have put up with an intolerable situation for years, because they fear that filing a shareholder oppression lawsuit will somehow make matters even worse.  They might be partly correct in the short term.  But the long-term gains often outweigh temporary negatives. » Read More

May 23, 2017

Minority Shareholder Oppression Damages in New Jersey: More Than Just a Buyout?

As I have said many times in this blog, when minority shareholder oppression occurs, the most likely remedy is a buyout.  In other words, courts in New Jersey have the power to compel the majority shareholder to pay “fair value” to an oppressed minority shareholder so the victim of wrongdoing is not forced to remain captive as a shareholder in a company that is treating him improperly.  » Read More

Apr 03, 2017

I Was Doing The Same Thing As The Majority Shareholders – Part II

In my last post, I addressed the fact that, just because a minority shareholder has gone along with certain practices in the past, his acquiescence will not necessarily be fatal to a shareholder oppression claim.   However, that does not mean you should simply go along with something that you fundamentally disagree with, and assume it will have no consequences to you in the future. » Read More