An issue we are seeing more frequently is minority shareholders views’ being disregarded by the majority shareholder. This typically occurs when there are no shareholder agreements and the majority shareholder believe it is their way or the highway. Often the majority shareholder established the company and hold the view that it is ‘theirs’.
A common misconception is that minority shareholders have no meaningful options in this situation.
In this video, Brent Norling of Norling law explains the rights and protections minority shareholders have under the Companies Act and how we deal with majority shareholders when these disputes arise.
At Norling Law, we offer a FREE 30-minute shareholder dispute legal consultation. Get in touch if you need help: