Autor: |
Chuff, Christopher B., Cline, Joanna J., Greenberg, Matthew M., Bartholomew, Taylor B. |
Předmět: |
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Zdroj: |
Business Torts Journal; Summer2021, p23-29, 7p |
Abstrakt: |
The stockholder or member could also agree to contractual requirements that require approval of certain transactions by directors and stockholders unaffiliated with the large stockholder or member. Whether a stockholder of a corporation or member of a limited liability company (LLC) is a controlling stockholder or member often has a significant impact on breach of fiduciary duty actions, including those arising out of merger and acquisition (M&A) transactions. Moreover, anecdotal data from the cases summarized in the accompanying table show that stockholders or members owning 35 percent or more of a company's voting equity were deemed to be controllers at more than double the rate of stockholders or members with ownership stakes below that threshold. [Extracted from the article] |
Databáze: |
Complementary Index |
Externí odkaz: |
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