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Oppressed Minority Shareholders Should Be Afforded Protection
Since it is unclear whether the protections afforded by the Minority Oppression Statute are applicable to LLCs or will be extended to them by the Legislature, it is incumbent on practitioners representing minority members to protect the rights of their clients during the inception phase of the entity.No Arbitration for Injunctive Relief Claims
Consumer and business interests alike claimed victory Thursday when the California Supreme Court declared that claims for injunctive relief under unfair competition and false advertising statutes aren't subject to arbitration, but demands for monetary relief in such cases are.
Watsco declares special dividend of $5
The board of heating and cooling company Watsco Inc. said its board declared a special cash dividend of $5, totaling about $172 million, and a regular quarterly cash dividend of 62 cents.'The Onion' Reads Alito's Mind
Sometimes even satirical newspapers get it right. Shortly following his confirmation to the U.S. Supreme Court, Justice Samuel Alito read a story in The Onion suggesting that he was annoy