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Questions tagged [shareholders]

The tag has no usage guidance.

2
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1answer
100 views

Do I have to formally accept a transfer of shares to me, in the UK? Or can they be transferred to me without my consent?

I have become estranged from my business partners. One of them insists that I am owed shares in the company, but I don't wish to accept them, not least for reason that I believe the shares to be ...
-1
votes
1answer
39 views

Generic/home-made agreement for a very-small/temporary business venture between neighbors? [closed]

Of course, when faced with a legal question or problem, it's always best to consult a legal professional. But, what are the general points that would be in, say, a hypothetical agreement between ...
0
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1answer
50 views

Can a company refuse service to a share holder?

Assume a large public company. Would the director, or majority share holders of a company be able to legally refuse service to a share holder (on non protected-class grounds)? Would the quantity of ...
0
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0answers
14 views

“authorized as incorporated”? the difference between class and series of shares?

1 As a result of four two-for-one stock splits on the Common Stock effective October 20, 1989, May 15, 1992, August 22, 1997 and May 21, 2004, the number of shares of Series A ESOP Convertible ...
0
votes
1answer
50 views

'payable in like kind'? 'non-electing' shares?

each share of Series B Preferred Stock shall, by virtue of such transaction and on the same terms as apply to the holders of Common Stock, be converted into or exchanged for the aggregate amount ...
1
vote
1answer
48 views

interpretation of an article

The term "Common Stock" as used in this Appendix B means the Company's Common Stock without par value, as the same exists at the date of filing of the Amendment to the Company's Amended Articles ...
0
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1answer
23 views

difference between 'assigned' and 'endorsed' in this context?

Each such notice of redemption shall be irrevocable and shall specify the date that is the redemption date, the redemption price, the number of Shares to be redeemed, the place or places of ...
0
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0answers
9 views

Is there a way to have a partnership with a vesting schedule for new partners' shares?

We're a partnership with a couple of extant partners, and we'd like to reward some of the highly performing employees with a (junior) partnership in the firm, a seat at the table. But we don't want ...
2
votes
4answers
115 views

How does shareholders' limited liability work in practice?

Given that: A shareholder in a limited company is not personally liable for any of the debts of the company, other than for the amount already invested in the company and for any unpaid amount ...
0
votes
1answer
49 views

Whose instructions should be followed in a dispute - majority shareholder vs company director? (UK)

Many years ago, Contractor Fred signed a general works contract with John Smith, owner and sole director of Small Company Ltd. The contact was agreed directly between Fred and John (as opposed to ...
0
votes
0answers
31 views

Minority Shareholder Rights vs the Majority

Can a resolution be passed where holders of one share class (B, for example) can vote to make it possible that only class A's are diluted going forward? I believe this violates some aspect of company ...
1
vote
1answer
36 views

I am a shareholder in a Private C-Corp, what are my rights?

I am a shareholder in a private c-corp. I am trying to get financial records for the company and they are ignoring me. I believe this is my right as a shareholder. What options do I have? Am I ...
1
vote
1answer
21 views

Do shareholder agreements have to be identical within the same company?

I am being told that the various potential shareholders must sign an identical shareholder agreement. I have a problem with a clause relating to confidential information and have been told it ...
-1
votes
1answer
137 views

Examples of shareholder derivative lawsuits where shareholders prevailed ( USA/EU/Canada)

When a publicly traded company's stock value falls due to some incident or event faced by the company, the shareholders have sued the company alleging breach of duty among other causes of action. The ...
0
votes
1answer
50 views

Full ownership split between two legal entities

Hope this is fit for Legal.SE. I work with large financial institutions and often obtain diagrams representing the legal entity perimeter (i.e. full list of legal entities, with ownership % and "who ...
1
vote
1answer
72 views

Researching of decades old oil well deed?

In 1981 my father purchased interest in an oil well, for which I have the paperwork. I am attempting to do some research on behalf of my mother to see if, after all this time, there was/is any value ...
1
vote
1answer
39 views

Question regarding share of profit and loss in LLP

A started an online business (India) on his own. Now he wants B and C as partners to register an LLP. But A wants to retain 20% of share (he calls it founder's share) aside without any liability of ...
4
votes
1answer
95 views

What limited legal rights do bondholders, suppliers, and employees have in a corporation?

According to this article corporations prior to the 1970s were run differently; until the idea that Milton Freidman put forth that a corporation's job was to maximize shareholder value; before that ...
0
votes
3answers
224 views

I own 35% of a family business. Should I be receiving 35% of the profits of the company?

I own 35% of a family business. I resigned from the company but still own 35%, should I be receiving 35% of the profits of the company? It is a small business and they are refusing to buy out my ...
3
votes
2answers
1k views

How is a shareholder allowed to sue the company?

There are news about shareholders suing VW due to the losses that happened by the emissions fraud (lots of examples in the news, this is just one of them). Now, I understand customers suing VW, and I ...
3
votes
1answer
291 views

Can the Feds not put Bank Executives (or their employees) in Prison for Fraud?

I see stories such as this one quoted below where a Wells Fargo exec who headed phony accounts unit collected $125 million. Basically the notion is that big fat cat bankers can swindle people out of ...
0
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0answers
18 views

Charitable Corporation and Shareholders in the USA

I am working on a project studying religious entities in the US, mostly registered as corporations. I would like to study how they are governed. For this I wanted to look at their shareholders and ...
1
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0answers
26 views

Two shareholder agreements in parallel

I am looking to receive an investment from an accelerator (investor A) and from a private investor (investor B). I have draft shareholder agreements with both investors A and B. My lawyer is telling ...
2
votes
1answer
103 views

Conflict of interest when removing a director

I work for a UK limited company with two shareholders, and two directors. I am one of the directors and the majority shareholder (over %50 of total shares). The company's articles of association are ...
1
vote
1answer
29 views

Can I sell shares for an app I made?

Is this possible? I dont mean sell shares of a company that makes apps but shares of an app itself without a company.
2
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0answers
52 views

Ensuring Promised Equity is well secured when joining a start up

I am currently working for a start up and we have been talking about an equity deal, where I would be compensated with some percentage of the company plus salary. I want to ensure everything is ...
1
vote
1answer
21 views

What is a good formulation for a minor share agreement of USA company (Inc.), before the company shares/options are issued?

The company "Foo Inc" is registered in the U.S. It has not issued any shares or stock options yet. A company CEO (Alice) needs to make a signed agreement with a third party (Carol) that Carol ...
2
votes
0answers
109 views

Do examples exist of a HOA covenants for water in a watershed?

I'm looking for any precedent examples that give shape to how HOA-like covenants (group ownership) work for a natural resource — specifically a watershed. Here are some concepts typical to HOA ...