What is limited liabilty?
Limited liability is a principle of business law which shields the owners of a business from the business's liabilities. Owners of a business which has limited liability may lose …
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Being Squeezed out of a Family Owned Business?
Minority shareholders often find themselves being squeezed out of a business when the majority shareholders decide to get rid of them. While this happens in all kinds of businesses, there are additional reasons in family owned businesses for putting pressure on a minority shareholder to sell his or her shares. A squeeze out occurs when a stockholder is forced to sell his or her stock …
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Shareholder Agreements
Shareholder agreements, also known as stockholder agreements, are important for many businesses but particularly for closely held businesses and family businesses. A shareholder agreement is negotiated and executed before any business problems develop. Shareholder agreements provide businesses with a roadmap of how to act in certain situations. Also, in privately held companies, some …
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