Norris McLaughlin & Marcus, P.A.

Blogs > Shareholder Dispute in New Jersey

Drafted agreements

Apr 13, 2012

The Course of Shareholder Dispute Litigation Can Be Affected By The Way Your Shareholder Agreement is Drafted

Many business owners involved in shareholder dispute litigation wish they could go back in time and rewrite their shareholder agreement.  Unfortunately, it is often during expensive, protracted litigation with your business partner that you learn how your shareholder agreement could have been drafted to save you a costly lawsuit, or at least alter the course of that lawsuit.

For example, in one recent case, the Court wound up appointing what is called a “Provisional Director” to break ties between two fifty/fifty owners of a subchapter S corporation. » Read More

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